BREAKING NEWS: SGR repeal deal reached

A bipartisan team of U.S. House and Senate negotiators has reached a deal to repeal the unpopular sustainable growth rate (SGR) formula,according to MedPageToday.

Under the arrangement, physicians will see a yearly pay raise of 0.5 percent for the next five years according to the article. House Energy and Commerce Chairman Fred Upton (R-Mich.), the last holdout of six chairmen or ranking members, signed onto the deal late Wednesday, according to Politico.

>> Read the full story at FierceHealthcare

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