Word: acte
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Dates: during 1990-1999
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...Medicare, Medicaid & SCHIP Balanced Budget Refinement Act was signed into effect, increasing funding for teaching hospitals from the rock-bottom levels set in 1997's Balanced Budget Act...
...Balanced Budget Act in 1997 capped the total amount of Medicare funding and began actually scaling it back. For instance, in Massachusetts, teaching hospitals were originally slated to get $1.85 billion in Medicare funding in 2002. With the cuts mandated by the Balanced Budget Act, they were expected to get only $1.55 billion that year...
Harvard officials, including President Neil L. Rudenstine, spoke out against this reduction, and Harvard's lobbyist joined advocates for other schools in pushing for a revision of the act...
...Balanced Budget Act was projected to cost the seventeen major Massachusetts teaching hospitals a total of $2.1 billion over five years, according to figures provided by the Massachusetts Hospital Association...
...Balanced Budget Act has crunched bottom lines, teaching hospitals have had to pay more attention to the delivery of health care and not teaching," said Martin...