Congress approves Medicare physician payment fix
The House of Representatives passed legislation this morning that averts a 24.9 percent Medicare payment cut to physicians that was scheduled to take effect on Jan. 1. The measure passed the Senate Wednesday evening by unanimous consent. To pay for the legislation, the bill changes policy regarding overpayments of the healthcare affordability tax credit. President Obama supports the bill and is anticipated to sign it into law shortly.
Congress reacted to the thousands of phone calls and e-mails sent by MGMA members and took swift action. MGMA is pleased that Congress was able to stop the pending cut for a year to give lawmakers time to find a permanent solution.