Senate Approves ICD-10 Delay

In a 64-35 vote Monday, the U.S. Senate passed a bill that extends the ICD-10 deadline to at least Oct. 1, 2015.

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The bill, the Protecting Access to Medicare Act of 2014, largely deals with the delay of a reimbursement cuts to physicians under Medicare’s sustainable growth rate formula. The bill shields physicians from a 24 percent reimbursement cut scheduled to take effect April 1, 2014 until at least the end of March 2015, and is the 17th short-term legislative solution to avoiding SGR cuts Congress has passed since 2003.

Read the full article on Becker’s Hospital Review.

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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