Source: Kaiser Health News, Could Congress Be Ready To Fix Medicare Pay For Doctors? March 16, 2015 Today’s problem is a result of efforts years ago to control federal spending – a 1997 deficit reduction law that called for setting Medicare physician payment rate
Many believe that Congress will again pass a short-term pay-fix before attempting a permanent repeal of the Medicare Sustainable Growth Rate (SGR). The temp fix passed last year expires on March 31, 2015. There are reports, however, that House and Senate leaderships are currently discussing a way to implement a permanent pay-fix before the March expiration date.
Last Spring, Governor Andrew M. Cuomo announced that New York finalized an agreement with the federal government for a groundbreaking waiver that will allow the state to re-invest $8 billion in federal savings generated by Medicaid Redesign Team (MRT) reforms. The goals of the MRT waiver amendment are nothing short of transforming the state-funded healthcare system.
On January 20, 2015, as part of his State of the Union address, President Obama announced the upcoming launch of the White House’s Precision Medicine Initiative.(1) The Initiative will allocate $215 million in 2016 for work to collect and use genomic, lifestyle and other clinical data to further