Obama signs Medicare doc fix

Providers can breathe a sigh of relief (at least temporarily), as President Obama on Wednesday signed legislation (H.R. 3630) that includes a 10-month doc fix, averting a 27.4 percent reduction in Medicare reimbursement rates for the rest of the year, California Healthline reported. Originally slated to start March 1, the proposed reimbursement cuts had providers biting their fingernails as they waited for a decision on the Medicare cuts. After a rare compromise between Republicans and Democrats last week, the bill passed through the House and then Senate, making its way to the President's desk. To fund the $18 billion doc fix, the agreement includes health-related offsets that would save $21.2 billion over the next ten years. However, as FiercePracticeManagement reported, the fix is only temporary--and many physicians are fed up with the lingering uncertainty. Article