Replacing the Sustainable Growth Rate
The House Energy and Commerce Committee, House Committee on Ways and Means, and the Senate Finance Committee reached a bipartisan agreement (the SGR Repeal and Medicare Provider Payment Modernization Act, H.R. 4015) to repeal and replace the Sustainable Growth Rate (SGR) formula. Highlights of the bill are published in a one-page summary.
Key outcomes of the agreement include1 :
The legislation now advances to the House and Senate for consideration as the current compromise payment patches expire on March 31 triggering a 24% reduction to physician payments in accordance with the current SGR formula. The persisting challenge regarding the repeal of the SGR is how to fund it. The legislation advancing to both chambers does not offer measures to offset funding necessary for the repeal.
1 Repealing and Replacing the Sustainable Growth Rate. Energy & Commerce Committee. Feb. 6, 2014.
New Events Are Coming Soon!
Open Payments (the Sunshine Act): Registration, Review, and Dispute
2015 Medicare PFS Proposals for PQRS, Value Modifier, EHR Incentive Program, and the Physician Compare Website