By a vote of 64 to 35, the U.S. Senate on March 31 approved legislation that includes a provision to delay the ICD-10 implementation deadline by one year to Oct. 1, 2015. The bill will be sent to President Obama for his expected signature.
The so-called "Doc-Fix" bill also suspends Medicare's sustainable growth rate (SGR) formula that would have cut the physician reimbursement rate this year by nearly 24 percent. Congress had until today to pass the legislation that averts the payment cut and further delays Medicare cuts to physicians until April 1, 2015. In addition, the bill further delays enforcement of the Medicare two-midnight payment policy for hospitals until March 2015.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access