The fix, part of the larger Continuing Extension Act of 2010, will delay implementing the sustainable growth rate formula until June 1. The Act also extends unemployment compensation and federal payments for unemployed persons’ COBRA health insurance payments.
The bill was passed by the Senate on a 59-38 vote and, just two hours later, was approved by the House 289-112. Many Republicans opposed to bill because of its cost, which is estimated at $18 billion, according to the report.
Read the Washington Post’s report on the sustainable growth rate delay.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
