The American College of Cardiology (ACC) is urging Congress to act immediately to permanently repeal the flawed sustainable growth rate (SGR) formula used to set Medicare physician payment rates.
Since 2002, Congress has had to intervene repeatedly to avert annual Medicare physician payment cuts due to the flawed formula and to preserve access to care for patients. Each time Congress has passed a short-term intervention it has only deepened the payment cuts in future years and increased the cost of permanently resolving the problem. Putting another Band-Aid on the problem is no longer a viable solution.
The ACC strongly supports moving the current Medicare physician payment system away from a volume-based system and toward a value-driven system. The College urges Congress to provide stable, positive updates and cover the increase in the cost of providing care.
For the latest SGR update, click here.