News Headlines Article

Lawmakers nearing SGR deal
Modern Healthcare

Federal lawmakers on Tuesday evening inched closer to an agreement on a short-term solution to Medicare’s sustainable growth-rate formula for physicians. If Congress does not act by Feb. 29, doctors who participate in the federal healthcare program will face a 27.4% cut in their Medicare reimbursement. Although a deal is not yet final, aides say the general framework is likely to include a 10-month straight extension of the current Medicare payment rate to physicians.