Wyden Backs Effort to Repeal Doc-Pay Formula, Offers No Plan to Pay for It

Sen. Ron Wyden (D-Ore.), in his first speech as the new chairman of the powerful Senate Finance Committee, said it's important for Congress to pass legislation that would permanently repeal Medicare's contentious physician payment formula, but did not say how lawmakers intend to pay for it.

Sen. Ron Wyden (D-Ore.), in his first speech as the new chairman of the powerful Senate Finance Committee, said it's important for Congress to pass legislation that would permanently repeal Medicare's contentious physician payment formula, but did not say how lawmakers intend to pay for it.

Finding a way to pay for the legislation continues to be the biggest challenge for lawmakers and could thwart their efforts for approving a permanent solution this year. Wyden didn't comment on the possibility of another temporary SGR fix if the funding puzzle can't be solved.

The Oregon Democrat and successor to former Sen. Max Baucus (D-Mont.) began his remarks at the Federation of American Hospitals' annual conference in Washington by noting that Congress has an opportunity to move beyond lurching from one budget crisis to another with the permanent SGR bill that lawmakers are currently considering.

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Source: Modern Healthcare