Obama signs bill to delay Medicare doctor pay cuts
President Barack Obama has signed into law legislation that delays for one year a cut in Medicare pay to doctors.
The 25 percent reduction in physician payments had been scheduled to kick in Jan. 1, potentially disrupting care for the nation's seniors.
Delaying the cut will cost the government an estimated $19 billion.
The money will be shifted from the health care overhaul law, mostly by tightening rules on tax credits intended to prevent waste.
The AARP applauded the president's action. But the seniors' lobby said Congress must provide a long-term solution that replaces the current payment formula.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- The Most Polarizing Topics in Healthcare IT
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Why You Should Involve Patients in Nursing Handoffs
- States Rejecting Medicaid Expansion Forgo Billions in Federal Funds
- The 5 Biggest Healthcare Finance Trouble Spots
- Substance Abuse Resurfaces Among Anesthesiologists in Training
- Safety Net Executives Renew Call to Preserve DSH Payments