HealthLeaders Media Staff, February 17, 2012

The U.S. House of Representative voted 293-132 Friday morning to pass a compromise bill that would delay the impending 27% cut in Medicare pay rates for 10 months. Shortly afterward, the Senate passed the measure by a vote of 60 to 36.

A joint House-Senate conference committee charged with negotiating a resolution to the sustainable growth rate formula issue, reached a tentative agreement late Wednesday night to delay for 10 months 27.4% in Medicare provider reimbursement cuts scheduled to go into effect on March 1.

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