tci ED Coding & Reimbursement Alert - 2015 Issue 5
SGR Update: Congress Passes A SGR Fix Bill To Avert Formula Driven Cuts
Look for minimal payment updates and changes to incentive programs to help pay for the fix. Physicians were facing yet another Medicare payment cut of more than 20 percent beginning April 1, 2015; however, on March 26th the House of Representatives overwhelmingly approved legislation, later also passed by the Senate, which repeals the flawed Sustainable Growth Rate (SGR) formula used to calculate Medicare reimbursements. Read on for the scoop on what that means to ED providers. The bill, H.R. 2, the “Medicare Access and CHIP Reauthorization Act” (MACRA), does ends the annual fear of SGR...
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