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House, Senate Budget Deal Lacks Provision To Avert Medicare Pay Cuts

Congressional leaders reached a budget agreement to avoid a government shutdown through the first quarter of 2013, but the deal does not include adjusting or repealing the sustainable growth-rate Medicare payment formula, which will require a 27 percent cut in payments to Medicare physicians next year.

CMS Releases 2013 Medicare Physician Fee Schedule Rule; Proposes Fee Increases for Primary Care, Projects 27% SGR Cut

The Center for Medicare and Medicaid Services (CMS) released the proposed Medicare Physician Fee Schedule Rule for 2013. CMS projects a 27% reduction in the Medicare FFS payment rate due to the Sustainable Growth Rate (SGR) formula unless Congress acts before January 1, 2013 to stop the cut.

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