FL hospitals hit by cliff deal, health reform

The Daytona Beach News-Journal, February 4, 2013
The fiscal cliff deal averted a major fiscal calamity for the nation. But it wasn't necessarily good news for local hospitals, which collectively will see as much as $11 million less in government payments over the next 10 years as a result of the compromise, according to an analysis by the Florida Hospital Association. Though the latest cuts only affect a small portion of revenue, hospitals in Florida are facing billions in Medicare reductions under the Affordable Care Act and Medicaid payment reductions from state lawmakers.

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