The Government and Regulatory Affairs Practice Group Health Team presented a complimentary webinar titled “The New Debt Ceiling Law – Effect on Health Care Funding” on Aug. 11.
President Barack Obama signed into law a landmark budget agreement on Aug. 2 to raise the nation's debt ceiling and cut government spending by about $2.4 trillion over 10 years. Ultimately, these cuts will affect all health care systems, programs, providers and services.
Jim Twaddell, Julie Scott Allen and Greg Billings provided information on when they will go into effect along with insight on how the cuts will be determined and what options will likely be targeted for consideration. An active question and answer session, moderated by René Quashie, followed.