INDUSTRY NEWS:
U.S. Senate Delays Medicare Physician Cut By A Month
Published on Wed Feb 17, 2010
AMA writes to Senate seeking repeal of Medicare payment formula. In a statement posted on the American Medical Association (AMA) Web site, J. James Rohack, MD, President, AMA said the U.S. Senate had voted once again on March 2 to delay the 21 percent Medicare physician payment cut by a month, postponing it to April 1. "The Senate should use this time to permanently repeal the flawed Medicare physician payment formula that puts access to care for seniors and military families at risk," the Web site quoted Rohack. "Physicians," Rohack was further quoted, "are outraged by the Senate's failure to act before the March 1 deadline, as their patients and practices are hurt by the continued instability in the Medicare system." A vicious cycle of short-term delays in place is increasing the size of the cut at present and Americans are paying dearly for the cost of Medicare reforms. One [...]