On the recordMay 6, 2013
The Sustainable Growth Rate Formula is fundamentally broken.
Source
congress.govThe Sustainable Growth Rate Formula is fundamentally broken.
McDermott criticizes the flawed Medicare payment formula.
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Last year, we came together with MACRA. That landmark reform repealed the SGR and already started the process of transforming how we try to pay physicians under Medicare.
Now, the reason I raise this issue is that we all know that about 70 percent of healthcare costs occur in the last 6 months of life.