AMA CPT® Assistant - 2016 Issue 2 (February)
Medicare Physician Payment Changes in 2016 (February 2016)
February 2016 pages 7-9 Medicare Physician Payment Changes in 2016 SGR Repealed and Conversion Factor for 2016 Following years of advocacy by the nation's physicians standing up for their patients and their practices, Congress finally repealed the Medicare sustainable growth rate (SGR) formula. The Medicare Access and Children's Health Insurance Program (CHIP) Reauthorization Act (MACRA) of 2015 was signed into law on April 16, 2015. The legislation (P.L. 114-10) repealed the SGR update methodology for physicians' services to provide positive annual payment updates of 0.5% starting July 1, 2015, lasting through 2019, and required the Centers for...
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