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AMA Backs SGR-Repeal Bill, Offers No Plan on How to Pay for Legislation

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The American Medical Association pledged its full support for legislation repealing the Medicare sustainable growth-rate physician payment formula.

The American Medical Association pledged its full support for legislation repealing the Medicare sustainable growth-rate physician payment formula. But for now, at least, the AMA is not making any suggestions on how to cover the bill's estimated $126 billion cost.

“Congress can manage this,” Dr. Ardis Dee Hoven, AMA president, told reporters during a conference call.

She added that the AMA is adamantly opposed to a nine-month suspension of SGR-driven pay cuts that some lawmakers proposed, including in a bill to raise the national debt ceiling. Doctors will receive a 24% Medicare pay cut if Congress doesn't act by March 31.

Read the full story here: http://bit.ly/MKZZNO

Source: Modern Healthcare

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