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The last few days, administrators at teaching hospitals are probably wishing they’d just stayed in bed. First came word that, according to Medicare data, patients at their facilities are more likely than patients at other hospitals to suffer preventable complications.
And then the president announced his budget.
It proposes cuts of about $267 billion for Medicare and $52 billion for Medicaid over the next 10 years, with teaching hospitals likely to be among the hardest-hit providers. That’s because the budget would also slash funding for graduate medical education, including a $177 million hit to the Children’s Hospital Graduate Medical Education Payment Program.
Reaction from hospital associations and others was swift and negative: