Yesterday, the Medicare Payment Advisory Commission (MedPAC) voted 15-2 on 4 recommendations that would move Medicare reimbursement from the sustainable growth rate (SGR), the flawed payment formula that updates the Medicare physician fee schedule on an annual basis. Without congressional action by December 31, the SGR will trigger a 29.5% reduction in payment to all providers, including physical therapists, who bill under the Medicare physician fee schedule.
The recommendations are:
Most of the Commissioners were willing to vote in favor of the recommendations because MedPAC Chairman Glenn Hackbarth emphasized that the commission would go back and review payment adequacy in the future
During the public comment session, a number of physician and other health care professional organizations commented in strong opposition to the recommendations.