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Hospitals warn of job losses, billions in cuts if Trump repeals ACA

Shared by Radhika Narayanan | 0 1038 9 | about 3 years ago

The nation’s hospital lobbying groups are warning that President-elect Donald Trump’s promise to repeal the Affordable Care Act could lead to massive service cuts, layoffs and hospital closures if an adequate replacement is not developed.Assuming Congress uses the most recent ACA repeal bill, H.R. 3762, the loss of coverage would have a net negative impact on hospitals of $165.8 billion from 2018 to 2026. If the ACA’s Medicare reductions are maintained, hospitals will suffer additional losses of $289.5 billion from reductions in their inflation updates, according to a report prepared by healthcare economics firm Dobson DaVanzo & Associates on behalf of the American Hospital Association and the Federation of American Hospitals.“Losses of this magnitude cannot be sustained and will

Read More On www.modernhealthcare.com

Categories Hospital management & administration Trump Administration

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http://www.modernhealthcare.com/article/20161206/NEWS/161209953
http://www.modernhealthcare.stfi.re/article/20161206/NEWS/161209953?sf=pydzxjr
http://stfi.re/pydzxjr
http://bit.ly/2hg0FP7

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