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Monday, October 5, 2009

DR. BURGESS FILES BILL FOR PERMANENT MEDICARE FINANCING FIX

U.S. Rep. Michael Burgess, MD (R-Lewisville), filed legislation to eliminate the Medicare Sustainable Growth Rate (SGR) formula and link physicians’ Medicare payments to the cost of running a practice. “Medicare’s physician fee schedule will pay doctors less next year for the same patients and services they are currently providing, and this flawed formula needs a permanent fix,” he said. If Congress takes no action this year, the SGR formula will force a 21-percent cut in physicians’ Medicare payments on Jan. 1. That cut alone will cost Texas physicians $200 million.

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