Stalled Political Efforts Could Bring 27% SGR Cut

A fiscal cliff compromise could’ve prevented a 27 percent cut in the Sustainable Growth Rate and a 2 percent cut in Medicare sequestration, but political negotiations have stalled, according to the American Society of Anesthesiologists.

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The overall 29 percent cuts will take effect automatically if a deal is not reached before Jan. 1, 2013. Politicians may have come to a stalemate over top tax rates associated with the expiration of Bush-era tax cuts, according to the report.

Talks are set to resume Dec. 27.

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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