House Passes ICD-10 Delay Bill

The U.S. House of Representatives passed a bill on March 27 that would delay the ICD-10 implementation deadline by one year to October 1, 2015. A similar bill in the Senate is expected to be voted on soon. The bill, H.R. 4302, Protecting Access to Medicare Act of 2014, also adjusts Medicare’s sustainable growth rate (SGR) formula to prevent the 24 percent cut to physician reimbursement rates scheduled to begin April 1. Medicare payment cuts to physicians would be delayed until April 1, 2015.

Opposition to the bill focuses on the need for a permanent replacement of the Medicare physician payment system instead of the proposed one year “patch” currently being considered. Opponents of the ICD-10 implementation provision claim that the delay could cost the industry billions of dollars. Others support the measure noting that providers are not prepared for the October 1, 2014 implementation.

Written by: Traci Thompson

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.