Source: Commonwealth Fund Blog ⇥
Submitted By: Robin Lane
Yesterday, the Senate passed the long-awaited permanent “doc fix,” previously passed by the House of Representatives, to repeal the sustainable growth rate formula (SGR) and avert a 21 percent across-the-board cut in Medicare’s physician fees that was originally scheduled to take effect on April 1.1 The President has announced that he will sign the bill into law,2 opening the door to broader use of new and more effective ways of paying physicians.
- Legislation gives policymakers new tools for improving care, lowering costs
- Legislation replaces the SGR with payment that rewards high-performing providers
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