Congress Ends the Medicare Sustainable Growth Rate Formula and Begins Replacing the Fee For Service System
April 21, 2015
Medicare
President Obama signed the Medicare Access and CHIP Reauthorization Act of 2015, on Thursday, April 16. The Act repeals the long complained about Sustainable Growth Rate formula for computing Medicare reimbursement rates, which had resulted in the annual “Doc Fix” legislation for the last 17 years. The Act also begins…