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21.2 Percent Medicare Cut Averted
Senate Acts to Reverse Deep Reductions in Physician Payments(03/03/2010) -- The Senate has passed a one-month extension of the Medicare physician payment rate, thus reversing a 21.2 percent payment reduction that took effect based on the sustainable growth rate, or SGR, formula on March 1. On March 2, the Senate approved a House-passed bill, H.R. 4691, that provides a 30-day extension for several programs, including the Medicare physician payment rate. President Obama signed the measure into law the same day. More
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