tci Part B Insider - 2005 Issue 8

PHYSICIAN PAYMENTS: Lawmakers Finally Ready To Grapple With Looming Physician Pay Cuts

But are they willing to spend enough to prevent a 31-percent shortfall?If you've been holding your breath waiting for Congress to confront the physician payment disaster on the horizon, then you can exhale at last.Lawmakers finally considered the options for fixing the troubled physician update formula at a Feb. 10 hearing of the House Ways and Means Health Subcommittee. Subcommittee Chair Nancy Johnson (R-CT) said she's in favor of paying physicians based on their quality of care and asked physicians to come up with suggestions for quality indicators."I don't believe the old formula ... can be fixed...

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