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CMS prepares to make 21% Medicare rate cut should Congress fail to act before April 1

With an April 1 deadline looming, Congress has a week left to stop the 21 percent sustainable growth rate (SGR) cuts to the Medicare reimbursement rate. While Congress works to pass bills H.R. 2 and S. 810 to permanently end the SGR and implement new Medicare funding models, the Centers for Medicare and Medicaid Services (CMS) has announced that without Congressional action, the 2015 Medicare Physician Fee Schedule is scheduled to take effect on April 1, 2015. House Speaker John Boehner (R-OH) and Minority Leader Nancy Pelosi (D-CA) have negotiated ...