BREAKING NEWS: House of Representatives Votes 257-167, Approving Senate Bill to Avert “Fiscal Cliff”

January 1, 2013
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Legislation averts the “fiscal cliff,” but several budget-making hurdles remain on the horizon
BREAKING NEWS: House of Representatives Votes 257-167, Approving Senate Bill to Avert “Fiscal Cliff”

Provider reaction to the one-year "doc fix"/"SGR patch" was immediate. Susan L. Turney, M.D., president and CEO of the Englewood, Colo.-based Medical Group Management Association (MGMA-ACMPE), released a statement that said, "Although Congress again averted another massive Medicare physician payment cut at the 11th hour, this action only perpetuates another year of uncertainly for physician practices forced to continue their work under the dark cloud of looming SGR cuts and the new threat of sequestration cuts scheduled for March. Without action to permanently repeal the sustainable growth rate formula, Congress wil replay this fiscally irresponsible scenario again and again, with even larger cuts awaiting practices in the near future. Physician practices," she concluded, "need a stable, predictable Medicare payment system to allow them to make sound, long-term decisions to invest in their practice,s position themselves for the future, and provide the highest quality care to Medicare patients they serve."

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