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Medicare cuts threaten jobs in New Mexico health care
New Mexico health providers warn wage freezes or layoffs may follow automatic Medicare rate cuts that took effect January 1. Lovelace Health Systems and Presbyterian Healthcare Services reduced payments to doctors linked to Medicare. Southwest Medical Associates weighs staff reductions as a result. The state already receives low reimbursements due to geographic adjustments, with examples showing surgeon and device pay reductions. Providers hope Congress will raise rates, while noting contracts limit immediate changes.
MENTIONED IN THIS ARTICLE
Albuquerque
Lovelace Health Systems
Presbyterian Healthcare Services
Southwest Medical Associates Inc
Dennis C. Cox
New Mexico
Cimarron Health Plan
Colorado
Nevada
Arizona
Texas
Congress
Presbyterian
Todd Sandman
Medicare
Peter Beaudette
New Mexico Medical Society Liaison Committee
Beaudette
Centers For Medicare and
Medicaid Services