Medicaid reimbursements and Medicare reimbursements look as if they will get even lower! The debt ceiling plan may cause Medicaid to be mostly funded by the states and more cuts to Medicare.
I doubt the sky is falling but it's pretty close.....Does anyone know of another time in Nursing history cuts were this bad?
Keep in mind the plan needs to be ironed out by the house and senate but either way their will probably be more Medicare and medicaid cuts resulting in more job problems for nurses in the forms of hiring freezes and lay offs.
And to think the NNU and Mass Nurses Association supported Obamacare which cut $500 Million from Medicare over the next 10 years. LTC and Homecare will be hit hard. Hospitals that are safety net hospitals or are located to close to other hospitals will probably close.
I'm staying where I am at as long as possible and possibly thinking about a back-up career.
I recall something similar with Medicare or Medicaid cuts happening in 2004ish with Bush and some LTC s closed mostly ones in low income areas and or had to do major facility updates.
The other huge issue is Medicaid it does not pay enough and if the states have to pay more it will spell disaster.
On the other hand things never seem as bad but then again people thought Obamacare would never pass.
