BREAKING NEWS
July 3, 2009
Proposed 2010 Medicare fee schedule includes a 21.5% physician payment cut
A proposed rule on the 2010 Medicare Physician Fee Schedule calls for a 21.5% reduction in physician payments, the Centers for Medicare and Medicaid Services announced.
The 21.5% cut stems from the sustainable growth rate (SGR), a factor in the Medicare payment formula, and intervention by Congress to stall earlier payment cuts, the CMS said in a news release.
"As you know, there can be no meaningful health care reform without long-term reforms to the Medicare physician payment system, which is based on the flawed SGR formula, and the physician community does not support another short-term 'fix' that only temporarily prevents Medicare payment cuts," according to an American Society of Cataract and Refractive Surgery news release.
