Thu March 26, 2015
ARLINGTON, Va – The American Psychiatric Association (APA) applauds today’s bipartisan House vote on legislation that would repeal the flawed Sustainable Growth Rate (SGR) formula for Medicare physician payment rates. The APA urges quick Senate action on the bill.
This legislation, SGR Repeal and Medicare Provider Payment Modernization Act of 2015 (H.R. 2), would repeal the SGR and establish a series of payment reforms under Medicare focusing on quality instead of volume. Future payments would be determined by a doctor’s participation in integrated care settings, health outcomes and quality measures.