Medicare Access and CHIP Reauthorization Act Approved by Congress

The Medicare Access and CHIP Reauthorization Act (HR 2) was overwhelmingly approved on a 92-8 vote in the US Senate on April 14, repealing the Medicare Sustainable Growth Rate (SGR) formula and paving the way for ICD-10 code set implementation. However, an amendment to HR 2 that would have repealed Medicare’s Part B outpatient therapy caps was defeated.