Medicare Cutbacks :: essays research papers

Medic be CutbacksPoliticians, hospital administrators, doctors, and union leaders across the country are scrambling to reverse Medicare policy that has cut off, and will continue to cut off, billions of dollars from the health care industry and force cutbacks in critical medical services. The combination of rise cost in the health care industry and the diminishing Medicare payments are predicted to result in devastating effects to many aspects of the sector. Physicians, treatment facilities, medical upbringing institutions, as well as beneficiaries are all vulnerable to the adverse effects of Medicare cutbacks. Nationwide, hospitals will lose approximately $1.6 billion annually once mod Medicare cuts go into place on October 1, 2002. The cutbacks contained in the fiscal year 2003 budget will present a substantial challenge in the days trickery ahead for the programs 550,000 participating physicians and its 39 million beneficiaries (Haugh, 2002). In the resent days of staffing cr isiss, liability insurance price hikes, and the overall elevating cost of providing healthcare, the Medicare cutbacks could not have know at a more inconvenient time for health care officials. Medicare payment reductions have become the added fuel in the industries financial crisis fire.I. IntroductionA. What the communicate cutbacks are.B. What prompted the cutbacks?1. Balanced Budget Act of 1997C. Who will be effected by the cutbacks?II. concussion on Physicians and private practiceA. Reimbursement rate deductionB. Medicare participation subside1. 17 percent of family physician have stopped taking new Medicare patients (Inglehart, 2002).III. Impact on HospitalsA. Disproportional-share hospital payment reductionB. Reimbursement rate reductionIV. Impact on training hospitalsA. Indirect medical education payment adjustmentsB. Importance of training facility funding V. Impact on beneficiariesA. Good v. Bad1. to a greater extent funds available for new programs such as drug benefit s. 2. Limited access to care. 3. Limited choices.VI. ConclusionReferencesAssociation of American Medical Colleges. (2002, May 15). health care leaders urge congress to stop medicare cuts to teaching hospitals. Retrieved September 10, 2002, from http//www.aamc.org/newsroom/Pressrel/ 2002/020515.htmCenters for Medicare & Medicaid. (2002, September 5). Hospital outpatient prospective payment system. Retrieved September 11, 2002, from http//cms.hhs.gov/regulations/hopps/ Haugh, R. (2002, April). Dr. discontent. Hospitals & Health Networks, 34-42.Haugh, R. (2002, March). Feeling the contract?. Hospitals & Health Networks, 42-45.Hernandez, R. (2001, May 14). A broad alliance tries to head off cuts in medicare Electronic version.