SGR Bill Gains Approval by House Committee
The House Energy and Commerce Committee on July 31 voted 51-0 to approve a bipartisan bill that repeals the Sustainable Growth Rate (SGR), provides a period of stable payment updates, and moves toward a payment system that rewards physicians for providing high quality care. After more than a decade of kicking the can down the road by enacting temporary fixes, this is a major step towards establishing a Medicare payment system that values high quality, patient-centered care.
The Energy and Commerce legislation is the first to advance, but the House Ways and Means Committee and the Senate Finance Committee are also in the process of developing frameworks for repealing the flawed formula.
The College will continue to advocate for a Medicare physician payment system that promotes the delivery of high quality care by aligning incentives with physician performance, quality improvement and patient outcomes.
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