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Psychiatric News Alert

The Voice of the American Psychiatric Association and the Psychiatric Community
  • SGR Repeal Bill Passes House, Awaits Senate Action

    Legislation with the best chance in years to repeal the sustainable growth rate (SGR) component of the Medicare physician payment formula was approved yesterday by the House of Representatives by a wide margin, but the Senate failed to act on the bill last night before its spring recess.

    That leaves the fate of the legislation uncertain as the March 31 deadline approaches for a 21 percent physician pay cut to go into effect. The Associated Press reported that Senate leaders decided to wait until after Congress’s two-week recess to take up the legislation. 

    The AMA reported today that the Centers for Medicare & Medicaid Services is instructing its carriers to “hold” for 10 business days any claims for services provided on April 1 and beyond. The hold means that April claims will be held through Tuesday, April 14. Since the law requires that claims cannot be paid sooner than 14 calendar days from their receipt, this hold should have little short-term impact on Medicare payments to physicians. 

    The Medicare and CHIP Reauthorization Act (HR 2, with a companion bill in the Senate, S 810) would permanently repeal the complex formula, along with the scheduled 21 percent physician pay cut.

    “We support this long-overdue reform of the Medicare payment formula and elimination of the SGR,” said APA President Paul Summergrad, M.D. “The physician payment system needs to be...

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√ Please Mark Your Calendar for the LPMA Fall Meeting

 

Louisiana Psychiatric Medical Association & American Psychiatric Association

 

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Annual Fall Meeting
Renaissance Baton Rouge

September 11-12, 2015

 

Tentative Topics:  Comprehensive HIV Neuropsychiatry Update

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