House subcommittee leaders support repeal of SGR formula

01/23/2013 | MedPage Today (free registration)

The Republican and Democratic leaders of the House Ways and Means Health Subcommittee say they want to see legislation to repeal the sustainable growth rate Medicare payment formula for physicians and replace it with a system that rewards quality and is reliable. The panel's ranking Democrat, Rep. Jim McDermott of Washington state, said physicians "cannot run their practices year after year under a cloud of threatened payment cuts."

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