Senate Passes One-Year SGR Patch; President Obama Signs Legislation to Avoid Physician Payment Cuts for One Year

The Senate recently passed a one-year extension of a fix to the flawed Medicare physician payment formula known as the  “Sustainable Growth Rate” (SGR) by a vote of 64-35. President Obama signed the measure into law before the March 31 deadline – avoiding a 24 percent cut in Medicare reimbursement rates for physicians. The measure that passed not…