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131 medical societies urge SGR replacement
Modern Healthcare

A letter signed by 131 state and specialty medical societies urges Congress to find a bipartisan, permanent replacement for the current Medicare physician sustainable growth-rate payment formula before a reimbursement cut even larger than expected goes into effect on Jan. 1, 2012. The CMS said in a letter today to the Medicare Payment Advisory Commission that the cut would be 29.5% rather than 25%.

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