A bipartisan bill in the U.S. House of Representatives would make the so-called "doc fix" permanent, pegging Medicare reimbursement rates to patient outcomes rather than the sustainable growth rate.
MASSDEVICE ON CALL — A bipartisan U.S. House bill would end the cycle of so-called "doc fixes" that have averted Medicare reimbursement cuts since rate hikes were linked to the sustainable growth rate in 1997.
Legislators most recently enacted a bypass of a looming rate cut last month as part of the fiscal cliff negotiations, averting a 27% pay cut for Medicare payments to physicians.
Now Reps. Allyson Schwartz (D-Pa.) and Joe Heck (R-Nev.) want to peg those payments to patient outcomes, replacing the SGR and the fee-for-service model that dominates U.S. medicine, The Hill reports.
Medicare spending growth slows
The Schwartz/Heck bill could gain support now that the Congressional Budget Office reports that Medicare spending is slowing at a faster rate that projected for 3 years running.
The FDA asks medical device manufacturers to submit documentation about controls they have in place...
Medical device and pharmaceutical companies paid out $3.5 billion to doctors and hospitals during the...
Endo International agrees to settle as many as 20,000 lawsuits filed in U.S. courts against its...
Acutus Medical secured $26.2 million in new funding for its cardiac mapping technology.