Bill > S2110

This bill, the Medicare SGR Repeal and Beneficiary Access Improvement Act of 2014, aims to reform Medicare by repealing the Sustainable Growth Rate (SGR) formula, which was a complex mechanism used to determine physician payment updates. Instead of the SGR, the bill proposes a new payment system for physicians, called the Merit-based Incentive Payment System (MIPS), which will assess and adjust payments based on a physician's performance in quality, resource use, clinical practice improvement activities, and meaningful use of certified electronic health record (EHR) technology. The bill also includes provisions to encourage care management for individuals with chronic conditions, improve the accuracy of physician fee schedule valuations, promote evidence-based care, empower beneficiary choices through access to physician service information, expand Medicare data availability, and reduce administrative burdens. Additionally, it extends funding for various Medicare and Medicaid programs, including therapy services, ambulance services, and programs for low-income individuals, and introduces measures to enhance program integrity and prevent improper payments.