House, Senate Leaders Introduce Medicare SGR Replacement Bill

House and Senate leaders have introduced a bipartisan bill that would repeal Medicare’s sustainable growth rate and replace it with a payment system that incentivizes physicians to provide high-quality, low-cost care.

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The proposal would repeal the SGR and ensure annual physician payment updates of 0.5 percent for five years. It would reform the fee-for-service reimbursement system to reward providers who meet performance thresholds, improve payment accuracy for individual provider services and incentivize care coordination. It would also introduce physician-developed clinical care guidelines and requires the development of quality measures.

Read the full article on Becker’s Hospital Review.

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