By a voice vote, the House of Representatives today approved legislation that includes a provision to delay the ICD-10 implementation deadline by one year to Oct. 1, 2015.
Introduced on the House floor this morning, H.R. 4302, Protecting Access to Medicare Act of 2014, also amends the Social Security Act and repeals Medicare's sustainable growth rate (SGR) formula that would cut the physician reimbursement rate this year by nearly 24 percent. The legislation would avert a 23.7 percent payment cut starting April 1 and delay Medicare payment cuts to physicians until April 1, 2015.
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