Senate passes bill repealing Medicare’s SGR formula

April 15, 2015 — The U.S. Senate on April 14 passed legislation that permanently repeals Medicare’s sustainable growth rate (SGR) formula in a final vote of 92 to 8, just hours before a 21% cut in physician payments under the Medicare Physician Fee Schedule would have been implemented.

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Senate set to vote on SGR bill amendments as CMS warns proposal is not enough

New CMS report casts doubt on long-term value of doc fix legislation.  The Senate is expected today to take up several amendments to a bill that includes a provision to permanently repeal the Sustainable Growth Rate (SGR), a measure passed late last month by the House. However, a new report from the Centers for Medicare & Medicaid Services adds to the chorus of reservations in recent weeks about the agreement hailed as a rare bipartisan solution.

 

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Potential SGR repeal insurrection brews in Senate. Critics of doc fix proposal have qualms about cost, amendments

After a permanent repeal of the sustainable growth rate (SGR) formula passed the House of Representatives in late March, the measure’s backers in the Senate work to quell a potential revolt from Senate conservatives over its initial $214 billion price tag, according to Reuters. 

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GE to stop making loans to biopharma companies, but will keep healthcare equipment financing arm

GE is divesting most of its GE Capital services arm to focus on its core strengths in industrial equipment, like airplane engines and MRIs and other imaging devices.

 

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