On March 2, 2010, the Senate passed a 30 day extension of the sustainable growth rate (“SGR”) freeze. The bill will now go to the President for his signature.
The legislation extends the Medicare payment freeze through March 31, 2010, which will temporarily void the 21% reduction in Medicare reimbursements.
This is only a temporary measure. Congress will have to pass either another extension or a permanent fix, otherwise the 21% cut will occur on April 1, 2010.
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