4/12/2011

The House Energy and Commerce Committee asked 51 health care organizations for input on reforming the Medicare sustainable growth rate formula. Physician reimbursement rates are scheduled to be cut by 29.5% next year, though President Barack Obama proposed freezing reimbursement rates at 2011 levels for a decade. The House committee said it is committed to finding a permanent solution to the SGR and "would welcome specific ideas and proposals from physician organizations and the provider community on how to reform the physician payment system and move to a system that reduces spending, pays providers fairly and pays for services according to their value to the beneficiary."

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