With potential Medicare cuts looming, Congressional committee leaders on Thursday introduced legislation to end decreases in pay to physicians, The Hill reports.
If the sides do not reach a deal, physicians will see a 21 percent decrease in their Medicare payments as part of the Sustainable Growth Rate formula. The latest proposal would cost $210 billion, increase Medicare physician payments by 0.5 percent annually for five years and shift to a new system that pays doctors based on providing quality over quantity in care.
Read more below:
Executive Editor
Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.