A bipartisan, bicameral bill that would replace the Sustainable Growth Formula used to calculate how Medicare pays medical doctors, was introduced Thursday. The 'doc fix' bill, which would permanently repeal the SGR, was announced jointly by Senate and House leaders.
"This legislation today provides stability for physicians so they will no longer face the uncertainty of massive cuts, but also begins the process of improving how we pay for medical care to focus on positive results for [patients]." said Senate Finance Committee Ranking Member Orrin Hatch (R-UT).
The proposal would: