FDA ConneKTion

Timely updates and insights on the latest issues affecting FDA-regulated companies from Kilpatrick Townsend

Archive for April 2015

Posted on Wednesday, April 15 2015 at 10:30 am by -

Senate Passes Repeal of SGR Physician Payment Formula

On April 14, 2015, the U.S. Senate passed H.R. 2, the “Medicare Access & CHIP Reauthorization Act of 2015,” by a vote of 92 to 8.  This historic vote follows passage of the bill in the U.S. House of Representatives by a vote of 392-37.  President Obama is expected to sign the bill when it comes to his desk, making the bill’s repeal of the sustainable growth rate (SGR) formula, and introduction of a new physician payment update system based in part on participation in an alternative payment models (APM), a reality.  Here we examine the new Medicare physician payment programs as outlined in the bill and what they mean for physicians. 
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Posted on Thursday, April 9 2015 at 10:38 am by -

Stabilizing Physician Payment: H.R. 2 and Alternative Payment Models

On March 26, 2015, the U.S. House of Representatives passed H.R. 2, the “Medicare Access & CHIP Reauthorization Act of 2015,” by a vote of 392-37.  H.R. 2, also known as the “Doc Fix,” would permanently repeal the sustainable growth rate (SGR) formula and, over time, introduce a new physician payment update system based in part on participation in an alternative payment model (APM).  As physicians and other stakeholders anxiously await the return of the U.S. Senate and a highly anticipated vote on H.R. 2 expected the week of April 11th, we examine the new Medicare physician payment proposal and what it means for physicians.
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