President Obama Signs SGR Reform Bill
President Obama signed the Medicare Sustainable Growth Rate (SGR) reform bill, HR 2, into law Thursday, Apr. 16, 2015. The bill restructures Medicare payments to healthcare providers and clears a path towards the mandated ICD-10 implementation date. The bipartisan legislation passed the Senate on Tuesday in a late night session (92-80).
ICD-10 is the mandated replacement for the ICD-9-CM code set used by medical coders, billers, and payers to report healthcare diagnoses and procedures. Its implementation will radically change the way documentation and coding are done, and will require a significant effort to implement.
Find more information about ICD-10 implementation on our website.