Senate OKs SGR patch, delays ICD-10

 In News

Despite physician opposition, the Senate on Monday approved a temporary patch to the sustainable growth rate (SGR) payment formula that will prevent deep Medicare payment cuts for another year and also delays the implementation of ICD-10 to October 2015 at the earliest.

The Senate voted, 64-35, to pass the bill just hours before the 24 percent cut in Medicare payments to doctors was set to take effect. The bill now requires President Barack Obama’s signature.

The decision came four days after a swift House vote in favor of the Band-Aid approach within a bill that also delays ICD-10 for at least another year and postpones compliance with the controversial two-midnight rule and recovery audits of medically unnecessary claims until March 15.

Read more: FierceHealthcare

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