Docs Urge Abolition Of Medicare's Sustainable Growth Rate

Law360, New York (December 17, 2012, 3:06 PM EST) -- A coalition of specialty doctors Friday urged congressional leaders engaged in high-stakes debt talks to scrap Medicare’s system for determining physician reimbursement rates, adding to a growing chorus of stakeholders who say the current framework fosters financial uncertainty and impedes investment.

In a letter on behalf of 13 medical trade groups, the Alliance for Specialty Medicine advocated abolishing the sustainable growth rate, which calls for a 26.5 percent cut to reimbursements next year, and replacing it with an unspecified new formula that doesn’t present the potential...
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