Congressional Budget Office Releases Significantly Higher Estimate of Sustainable Growth Rate Calculated to Include the Final CY 2013 Physician Fee Schedule

On November 1, 2012, CMS announced the Physician Fee Schedule rates for 2013, implementing a 26.5 percent rate reduction required under the sustainable growth rate (SGR) formula. The SGR is a statutorily required rate setting a reduction which...
By: King & Spalding