The American Medical Association, along with medical societies representing 50 states and 65 national physician organizations, urged Congress last week to take immediate action to stop the 30 percent Medicare payment cuts expected at the end of 2010, according to an AMA news release.
Medicare payments are expected to be cut by more than 23 percent on Dec. 1, with an additional 6.5 percent cut following on Jan. 1. The message from the AMA warned the Medicare will damage access to care for seniors and baby boomers entering Medicare in January.
AMA President Cecil B. Wilson, MD, said many physicians "will be forced to consider changes including limiting the number of Medicare patients they can accept" if the cuts go through, according to the release.
Read the letter from the AMA and 65 national physician organizations to Congress (pdf).
Read the AMA news release on Medicare payment cuts.
Read more on hospital finances:
-10 Hospitals and Health Systems That Recently Announced Job Cuts
-7 Factors to Assess the Sustainability of a Hospital: Assessing a Hospital's Viability, Its Financial Situation and the Severity of the Threats it Faces
Medicare payments are expected to be cut by more than 23 percent on Dec. 1, with an additional 6.5 percent cut following on Jan. 1. The message from the AMA warned the Medicare will damage access to care for seniors and baby boomers entering Medicare in January.
AMA President Cecil B. Wilson, MD, said many physicians "will be forced to consider changes including limiting the number of Medicare patients they can accept" if the cuts go through, according to the release.
Read the letter from the AMA and 65 national physician organizations to Congress (pdf).
Read the AMA news release on Medicare payment cuts.
Read more on hospital finances:
-10 Hospitals and Health Systems That Recently Announced Job Cuts
-7 Factors to Assess the Sustainability of a Hospital: Assessing a Hospital's Viability, Its Financial Situation and the Severity of the Threats it Faces