Congress Makes Significant Progress on Physician Payment Reform
On Feb. 6, 2014, the Senate Finance, House Energy and Commerce and House Ways and Means Committees released bipartisan legislation to repeal Medicare’s sustainable growth rate (SGR) physician payment system. The “SGR Repeal and Medicare Payment Modernization Act ” (S. 2000/H.R. 4015), establishes a new streamlined value-based incentive payment system called the Merit-Based Incentive Payment System, or […]
Efforts to Fix the SGR Continue
Year after year, because of Medicare’s flawed sustainable growth rate (SGR) formula, physicians face significant cuts in Medicare reimbursement. And time and time again, Congress intervenes with a short term “fix” to prevent these steep cuts. With luck (and a favorable cost estimate from the Congressional Budget Office), perhaps the time has finally come — […]