Senate rejects proposal to erase big cut in Medicare physician payments

(DIAGNOSTIC IMAGING) -- Radiologists and other physicians are feeling the frustration of losing a key Senate vote that would have erased an impending 21% Medicare rate cut and killed the sustainable growth rate policy that has forced Congress to delay other planned rate reductions for each of the past seven years. The inability to find a financial offset to pay for the accumulated $245 billion cost of those delays was cited as the main reason a key procedural measure failed. The measure received 53 yes votes, which was seven votes short of the supermajority needed to close down floor debate. If Congress does not act by Dec. 31, physicians will face a massive 21% cut in the payment rate for Medicare Part B services beginning the next year.

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This article was republished with permission from CMPMedica, LLC