The Senate adjourned this morning for a two-week recess before discussing legislation to replace the Sustainable Growth Rate formula.
The House of Representatives passed a bipartisan, permanent repeal of the Sustainable Growth Rate formula today in a 402-12 vote. But it's still unclear whether the Senate will vote on the bill before the March 31 deadline.
Congressional leaders this week released details on their bipartisan plan to permanently repeal the unpopular Sustainable Growth Rate formula.
While there is no guarantee it will pass, there is hope that lawmakers' latest proposal to repeal the Sustainable Growth Rate formula will succeed. As with past attempts to do away with the formula, the $210 billion price tag, only $70 billion of which would be offset, is the key hurdle that may prevent Congress from passing the legislation, according to FierceHealthFinance.
Funding will expire for the Children's Health Insurance Program o n Sept. 30 unless Congress agrees to dish out more money.
A bipartisan effort to fix the troublesome Sustainable Growth Rate formula finally bore fruit Thursday, as House and Senate leaders introduced legislation that would stop automatic Medicare cuts to doctors.
After lawmakers derailed what looked like a permanent legislative fix to the widely unpopular sustainable growth rate formula last year, Congress members seek to craft another long-term fix ahead of a looming deadline, MedPageToday reports--and this time they just might pull it off.
Physician groups across the country applaud a proposal to repeal Medicare's sustainable growth rate formula and urge legislators to pass the measure before the end of March when the current Medicare payment formula extension expires, according to Forbes columnist Bruce Japsen.
The president today signed the American Taxpayer Relief Act of 2012 into law to stave off the fiscal cliff, the Associated Press reported, but the last-minute deal between Congress has left hospitals dismayed.
Providers can breathe a sigh of relief (at least temporarily), as President Obama on Wednesday signed legislation (H.R. 3630) that includes a 10-month doc fix, averting a 27.4 percent reduction in