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House Committee Approves Bipartisan Medicare SGR Reform Bill

On July 23, 2013, in a short 15-minute meeting, the House Energy and Commerce Committee’s Health Subcommittee approved the bipartisan legislation that repeals the Medicare Sustainable Growth Rate (SGR), provides a transition period, and a pathway to a new payment system.

AMA Update on Medicare Payment Rates

The American Taxpayer Relief Act of 2012 was signed into law Jan. 2, 2013. The new law averts the 26.5% SGR cut for all of 2013 and the 2% sequester for the next two months. It also extends the work GPCI floor for a year. Today CMS released the attached announcement regarding updated 2013 Medicare payment amounts, claims processing, and reopening of the participation enrollment period.

Congress Stops Medicare Cuts for One Year as Part of Fiscal Cliff Legislation

Congress on January 1 passed HR 8, the American Taxpayer Relief Act, narrowly averting the so-called "fiscal cliff." The bill includes a one-year Medicare fee-for-service physician payment freeze, meaning the 26.5 percent sustainable growth rate (SGR) cut has been averted, for now. The 2 percent sequestration cuts have also been deferred for two months.

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