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Due to the inability of the President and Congress to reach an agreement preventing sequester, it will take place as scheduled on March 1. However, due to a provision in a law passed in 2010, mandatory cuts to Part A and Part B of Medicare are delayed for 30 days from the date the sequester order is issued. This means that provider payment cuts will not take effect until April 1, 2013.

Bill Finerfrock

HBMA Director of Government Relations