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Physician Payment Issues

Elimination of the sustainable growth rate (SGR) formula in 2015 was a giant leap forward for Medicare reform. The law paves the way for important payment reforms – including the Merit-Based Incentive Payment System (MIPS) that is under development and is intended to streamline the various reporting programs for physicians. Shaping the MIPS so that it fixes the problems of the current system and is beneficial for both physicians and patients is now at the heart of Medicare reform efforts.