Seniors, doctors demand physician pay fix

Share this article:

National organizations representing seniors, members of the military and physicians gathered in Washington Thursday to demand an end to the Medicare sustainable growth rate formula. The formula would will be responsible for a scheduled 21% cut to Medicare physician reimbursements in March.

AARP, The American Medical Association and the Military Officers Association of America told the Senate during Thursday's press conference that action is needed before the scheduled March 1 implementation of the cuts. Though originally designed to curb costs for physician services, the sustainable growth rate formula has never actually been used. As a result, the cost to eliminate it has risen exponentially over the last few years. In 2005, it would have cost Medicare $49 billion to abandon the formula. Today, it costs $210 billion, according to Nancy Nielsen, former president of the AMA.

Without the permanent fix, there is a risk that Medicare physicians will stop seeing some Medicare beneficiaries. Long-term care groups have feared that, to pay for restoration of the physician payment, Congress could take money from nursing homes.


Share this article:

More in News

Dignity Award Gold won by Archie Hendricks Sr. SNF

Dignity Award Gold won by Archie Hendricks Sr. ...

A skilled nursing facility that sits on a Native American reservation has taken Gold in the Dignity category for the third annual McKnight's Excellence in Technology Awards.

Therapeutic program reverses Alzheimer's memory loss, UCLA researcher says

An intensive therapy regimen involving medication, diet and behavioral changes successfully reversed Alzheimer's-related memory loss in a first-of-its-kind trial, according to findings out of the University of California, Los Angeles.

Employee cleared of sexual assault charges wins $1 million defamation suit against ...

A former assisted living worker in South Carolina has received a $1 million award after being falsely accused of trying to sexually assault a resident, according to local news sources.