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Congress Approves Three-Month Medicare Payment Band-Aid with Small Uptick
Posted on: 12/20/2013
On Wednesday, Congress approved a three-month Medicare "patch" that temporarily stops the looming Medicare payment slash of 24 percent scheduled for Jan. 1, 2014, and, instead, implements a 0.5 percent Medicare payment update. President Obama is expected to sign the legislation soon.

This bridge will provide Congress with more time to work on the repeal legislation for the failed sustainable growth rate (SGR) formula, which continues to be a monkey on doctors' backs.

The 0.5 percent increase would be the first positive update to Medicare physician payments since 2010.

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