Late last night (4/14/15), the Senate voted (92-8) to approve the Medicare Access and CHIP Reauthorization Act, H.R. 2. This legislation, which passed the House of Representatives on March 26, permanently repeals the Medicare Sustainable Growth Rate (SGR) formula. President Obama publicly stated that he will sign the bill into law.
Thank you to all of our members who have helped fight for this repeal the past few years. This is truly a historic day for physician group practices.