The AHA today voiced support for the Medicare Sequester COVID Moratorium Act (H.R. 315), legislation that would eliminate Medicare sequester cuts during the COVID-19 public health emergency.

The current moratorium on a 2% cut to all Medicare payments expires March 31, but many hospitals and other providers continue to experience significant financial challenges.    

“Hospitals and health systems were projected to lose more than $320 billion in 2020 alone due to COVID-19,” AHA said in a letter to Reps. Bradley Schneider, D-Ill., and David McKinley, R-W.Va., the bill’s sponsors. “They have faced enormous costs to maintain proper personal protective equipment, ensure adequate supplies and equipment, safeguard sufficient staffing, purchase new drugs and therapies, and retrofit their physical plants to care for patients with the virus. These expenditures come as months of essential hospital revenue has eroded due to the combination of reduced demand for emergent and non-emergent care, as well as growing uncompensated care costs attributable to the newly uninsured. Eliminating the Medicare sequester cuts during the PHE will provide critical financial assistance to hospitals and health systems on the front lines of the pandemic.” 

Related News Articles

Headline
The Medicare Payment Advisory Commission yesterday recommended that Congress require the Centers for Medicare & Medicaid Services to transition to a…
Headline
The U.S. Court of Appeals for the 9th Circuit yesterday stopped data analysis company Integra Med Analytics from proceeding with a False Claims Act lawsuit…
Headline
AHA yesterday urged the Medicare Payment Advisory Commission to reconsider certain proposed changes to Medicare payment for indirect medical education and…
Headline
Anticipating possible congressional action to extend the moratorium on the 2% sequester cut to all Medicare payments, the Centers for Medicare & Medicaid…
Headline
The Department of Health and Human Services through March 26 has reduced by more than 69% its backlog of Medicare appeals at the Administrative Law Judge level…
Headline
The AHA today voiced support for the Resident Physician Shortage Reduction Act of 2021 (S. 834), legislation that would add 14,000 Medicare-funded residency…