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Payment cut (21%) scheduled for April 1

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We are still stuck with the sustainable growth rate (SGR) formula which, unless Congress intervenes by either repealing the SGR or applying another temporary fix as they have year after year, Medicare fee schedule rates will be reduced by 21.2% on April 1, 2015. The “Protecting Access to Medicare Act of 2014” (HR 4302) provided a 0% freeze to payments from January 2, 2014 through March 31, 2014. Read more here.