Wed April 15, 2015
ARLINGTON, Va . – The American Psychiatric Association (APA) praised last night's bipartisan Senate vote on legislation that would repeal the flawed Sustainable Growth Rate (SGR) formula for Medicare physician payment rates. President Obama is expected to sign the bill.
The legislation, the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), would repeal the SGR and establish a series of payment reforms under Medicare that focus on quality instead of volume. Future payments would be determined by a doctor's participation in integrated care settings, health outcomes and quality measures.
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