AMA: Deficit Reduction Must Include Repeal of Sustainable Growth Rate

The American Medical Association supported the component of President Barack Obama’s deficit proposal that would include a repeal of the Medicare sustainable growth rate formula, according to an AMA news release.

Advertisement

The AMA said the nation should not assume $300 billion in Medicare physician cuts, the release said. If Congress is not able to reach a deal, Medicare physician fees would be reduced by 29.5 percent starting on Jan. 1, 2012.

Additionally, the AMA said it will continue to work with Congress and President Obama’s administration to include a full repeal of the SGR.

Related Articles on the American Medical Association:

Survey: Most Physicians Say AMA Doesn’t Represent Their Views
AMA Praises E-Prescribing Exemption Additions But Wants More Time
Updated AMA Resource Offers Guidance to Physicians Seeking Hospital Employment

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.