New Report Finds that Sequester of Medicare Spending Could Lead to More than 750,000 Jobs Lost

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09/12/12
The American Hospital Association, the American Medical Association and the American Nurses Association released a new report that found up to 766,000 health care and related jobs could be lost by 2021 as a result of the 2 percent sequester of Medicare spending mandated by the Budget Control Act of 2011.

The report, produced by Tripp Umbach, a firm specializing in conducting economic impact studies, measures the anticipated effect of these cuts in Medicare payments on health care providers and other industries.

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