Congress has applied yet another Band-Aid to the sustainable growth rate (SGR) formula by passing legislation that postpones a 27.4% cut in physician Medicare reimbursement for 10 months.
The SGR has been the thorn in the side of the physician community since Congress adopted it as a way to rein in Medicare costs by basing payments on a mix of indices including factors like the growth in the number of Medicare beneficiaries, physician practice expenses, and the gross domestic product.
"The SGR is a growing nightmare for the economy and for the specialty of cardiology," Jack Lewin, MD, CEO of the American College of Cardiology (ACC), told MedPage Today.
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Source: MedPage Today