FAH President and CEO Chip Kahn released the following statement after officials announced Medicare should be solvent until 2028:

“The news that Medicare’s solvency has been extended by two years is encouraging and should allow beneficiaries to feel a little more secure about their access to care.

“But this isn’t a time to celebrate – the clock continues to tick. Stakeholders must use this additional time to find workable solutions that will allow the millions of seniors who depend on Medicare to maintain access to the vital care provided by hospitals and physicians.

“Hospitals and health systems will continue to do our part to extend the long-tern viability of the trust by working to bring down cost growth, while at the same time making sure we are providing the best quality care to all patients. We stand ready to work with Congress to ensure our nation’s seniors can depend on Medicare for generations to come.”