Senate Passes Bipartisan Medicare Bill
With significant changes occurring with health care legislation, many providers are pleased that a bill to change the way Medicare pays physicians was approved by the Senate on Tuesday, April 14th. Both parties were in favor of the elimination of future “doc fixes” and in favor of rewarding quality over quantity in Medicare. Under the previous system, a doctors’ pay was linked to economic growth, however, the new system will essentially focus on paying more for quality of care. This is good news for doctors’ who would have received a pay cut if the bill hadn’t passed.
Considering the health care legislation has been stationary in Congress since the controversial passage of the Affordable Care Act five years ago, this bill celebrates a rare bipartisan agreement! You can continue reading more about this topic here.