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President Obama has signed a one-year patch for the Medicare Sustainable Growth Rate (SGR) formula to postpone a 24% cut in Medicare payments to physicians that had been scheduled to take effect April 1, 2014, according to the Ambulatory Surgery Center Association (ASCA).

Patch for SGR, delay of ICD-10 signed

President Obama has signed a one-year patch for the Medicare Sustainable Growth Rate (SGR) formula to postpone a 24% cut in Medicare payments to physicians that had been scheduled to take effect April 1, 2014, according to the Ambulatory Surgery Center Association (ASCA).