Â鶹ֱ²¥app reacts to Sustainable Growth Rate (SGR) efforts by Senate Finance, House Ways & Means and House Energy & Commerce Committees
Statement attributable to:
Charles Cutler, MD, FACP
Chair, Board of Regents of the American College of
Physicians (ACP)
Washington, February 6, 2014 — The College strongly supports the "SGR Repeal and Medicare Provider Payment Modernization Act of 2014" (H.R. 4015). We are especially pleased that the agreement includes the following elements:
- Repeals the SGR and replaces it with a system focused on quality, value, and accountability.
- Removes the imminent threat of physician payment cuts and ensures a 5-year period of annual updates of 0.5 percent to transition to the new system.
- Improves the existing fee-for-service system by rewarding value over volume.
- Consolidates the three existing quality programs into a streamlined and improved program that rewards physicians who meet performance thresholds and improve care for seniors.
- Rewards physicians that engage in clinical practice improvement activities that will help facilitate their future participation in alternative payment models (APMs)
- Implements a process to improve payment accuracy.
- Creates incentives for care coordination efforts for patients with chronic care needs.
- Creates incentives for physicians to move into APMs, including a 5 percent bonus to physicians who receive a significant portion of their revenue from an APM, including patient centered medical homes (PCMH).
- Establishes a process to review and recommend physician-developed APMs based on criteria developed through an open comment process.
- Expands the use of Medicare data for transparency and quality improvement
ACP will continue to work with members of Congress to get this bill to the President for his signature no later than March 31, 2014, in time to prevent a scheduled 24 percent payment cut on April 1, 2014.
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Contact:
David Kinsman, (202) 261-4554, dkinsman@acponline.org
Jacquelyn Blaser, (202) 261-4572, jblaser@acponline.org