In Billing
May 11th, 2012
U.S. Reps Allyson Schwartz, D-Pa., and Joe Heck, DO, R-Nev., reintroduced on May 9 legislation that would repeal the sustainable growth rate (SGR) and award annual payment updates to physicians for providing seniors with high-quality care. “For far too long we failed America’s seniors and created a long-term fiscal nightmare for Medicare by maintaining the status ...
In Billing
Mar 2nd, 2012
One worry providers can set aside is the Medicare pay cut of 27.4 percent that was set to go into effect March 1. Congress and President Obama have approved the “Doc Fix” legislation, postponing cuts until next year. Physician Pay Set Through 2012 was last modified: March 2nd, 2012 by admin aapc...
In Billing
Dec 19th, 2011
The Sustainable Growth Rate (SGR) cut of payments to physicians servicing Medicare payments is not going to happen, at least for two months. The  House of Representatives passed a bill similar to one passed by the Senate on Dec. 17 that postpones the impending 27.4 percent cut to physicians’ Medicare reimbursement rates for two months.The Senate’s amended ...
In Billing
Dec 9th, 2010
Congress has passed legislation to counteract the Sustainable Growth Rate (SGR) formula that would have reduced Medicare physician reimbursement rates. The U.S. House of Representatives voted 409-2 in favor, Dec. 9, and the Senate voted by unanimous consent, Dec. 8, for the Medicare and Medicaid Extenders Act of 2010 (HR 4994). The bill was presented to President ...
In Billing
Oct 15th, 2010
With less than two months before the current Medicare pay patch expires, all ears are on Congress as physicians and physician advocates anxiously await to hear encouraging news from Capitol Hill. Are physicians looking at a massive cut to Medicare payments before year end, or will Congress intervene once again? Congress is fairly quiet right ...