Yet Again, the SGR Comes Knocking and, This Time, with a 27.4% Cut to Physician Services
The Balanced Budget Act of 1997 enacted the much-despised Medicare sustainable growth rate (“SGR”), which was established to control Medicare spending on physician services. To achieve the SGR target, each year in its report to the Medicare Payment Advisory Commission, the Centers for Medicare and Medicaid Services (“CMS”) includes a conversion factor that will change […]