Monday, October 26, 2009

Senate Rejects Medicare Plan

Senate voted on October 21st to repeal Medicare physician payment formula in advance of other health system reforms, laying the foundation for a new system to update doctor rates. However the new repeal was rejected because of the potential cost of the repeal.

The Senate will revisit a proposal for a Medicare payment solution later this year when they are reviewing the national health system reform bill.

Read the full article from the American Medical News here:

http://www.ama-assn.org/amednews/2009/10/26/gvl11026.htm

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