April 15, 2021
Medicare sequestration moratorium officially extended
McKnight's Senior Living
President Biden Wednesday signed legislation extending the moratorium on Medicare sequestration. That occurred after the U.S. House of Representatives late Tuesday passed the Medicare Sequester Relief Act, which extended mandated 2% Medicare cuts to healthcare providers until the end of the year.
The Partnership for Home Healthcare said the extension will give providers additional breathing room as they continue to battle fallout from the COVID-19 pandemic and adapt to the new Patient Driven Grouping Model (PDGM) payment system.