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Medicare's 'suicide reimbursement rates' force firings at medical firms

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Congress,Paul Bedard,Washington Secrets,Obamacare,Health Care,Medicare and Medicaid
A dramatic cut in Medicare payments to medical suppliers, coupled with a 250-percent increase in audits, is hitting large and small firms hard, with one mail-order company revealing that it had to fire eight workers just to stay open. The slash in payments is the result of Medicare's controversial competitive bidding program that began implementation in 2011. It was heralded as a way to cuts...