Business of Medicine

Somerset Health Care Team: We Understand the Business of Medicine

Congress Approves Measure Averting 27% Physician Cut Through 2012
February 20, 2012

A House-Senate Conference Committee tasked with identifying a compromise to avoid the pending 27.4 percent Medicare physician payment cut reached a 10-month deal that would maintain current physician payment rates through the end of the year. The measure was approved on Friday afternoon, Feb. 17, 2012, by both the House and Senate. The measure now goes to President Obama for his signature, and it is expected that he will sign.

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