News Headlines Article

House GOP agrees to doc pay-rate extension, Gingrey says
Modern Healthcare

House Republican leaders have agreed to include a two-year extension of the current Medicare physician pay rates, including a 1% increase, in a large legislative package primarily aimed at extending an expiring payroll tax cut, according to a Republican healthcare leader. Rep. Phil Gingrey (R-Ga.), co-chair of the GOP Doctors Caucus, said in an interview that the two-year $38 billion extension of current rates that were scheduled to drop 27.4% on Jan. 1 “was not ideal” but was better than the sometimes months-long extensions that have occurred over the past two years as Medicare’s sustainable growth-rate funding formula has repeatedly called for steep physician payment cuts.