FOR IMMEDIATE RELEASE
Dec. 21, 2012
(Washington, D.C.) – The American Osteopathic Association (AOA), and the 100,000 osteopathic physicians (DOs) and osteopathic medical students it represents, are increasingly concerned that only 11 days remain until a 26.5%cut to physician payments goes into effect and Congress has chosen to go home for the holidays. With nearly a year to address catastrophic cuts to physician payments, Congress is no closer to providing much-needed stability to the Medicare program. Time is running out.
DOs around the country await decisive action by Congress to prevent the 26.5% cut scheduled to slash payments on Jan. 1, 2013. Physicians have asked Congress for more than a decade to address the systematically flawed sustainable growth rate (SGR) formula. While Congress is home for the holidays, physicians who are still caring for patients are left to worry about the impact this will have on their practices and their patients. Will they make payroll, need a bridge loan, or be forced to close their doors to Medicare patients?
Failure to address the Medicare physician payment cut this year and returning in 2013 to address it retroactively is not a financially viable option for Congress or physicians - a painful lesson learned in 2010.
With only 11 days remaining until this cut is scheduled to go into effect, it is incumbent upon Congress to return to Washington and commit to a permanent repeal of the SGR and a move toward a new, stable physician payment structure as they address the fiscal cliff.
About the American Osteopathic Association
The American Osteopathic Association proudly represents more than 100,000 osteopathic physicians (DOs) and medical students, practicing in 31 specialties and subspecialties; promotes public health, encourages scientific research, serves as the primary certifying body for DOs, is the accrediting agency for osteopathic medical colleges; and has federal authority to accredit hospitals and other health care facilities. More information on DOs/osteopathic medicine can be found at www.osteopathic.org.
Director of Political Affairs and Advocacy
(202) 414-0144 (Office)
(202) 256-1417 (Cell) email@example.com