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Hospitals Agree to $155B in Future Savings

Will accept lower payments for Medicaid, Medicare

By Kevin Spak,  Newser Staff

Posted Jul 7, 2009 7:25 AM CDT

(Newser) – The nation’s hospitals have struck a deal with White House and Senate negotiators that will save the government $155 billion over 10 years, the Washington Post reports. The hospitals will accept lower-than-expected Medicare and Medicaid payments, and a gradual reduction in the amount paid...   Read full story »

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