Medicare Reimbursement Cuts Extended to 2023

Under the federal budget deal that was created in December, LTC providers will fave two additional years of reduced Medicare reimbursements. The 2 percent reduced reimbursements, which were implemented in 2013 originally set to expire in 2021, have now been extended to 2023. The extension was implemented as a means to offset increased spending while other programs receive relief from sequestration cuts.

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