Month: May 2023

U.S. debt default could endanger provider payments

U.S. debt default could endanger provider payments President-elect Donald Trump is nominating celebrity doctor and television personality Mehmet Oz to lead the Centers for Medicare and Medicaid Services.

May 24, 2023

CAROLINE HUDSON 

Hospitals and health systems hope for a resolution to the federal government’s debt ceiling standoff, warning that a failure to reach an agreement could have a catastrophic impact on provider payments.

Republicans and Democrats continue to haggle over a deal to raise the $31.4 trillion national debt limit and keep the U.S. from defaulting on its agreements, potentially in early June.