SENATE UNABLE TO PASS 6-MONTH MEDICARE PAYMENT PROVISION; CMS TO NOW BEGIN PROCESSING HELD CLAIMS AT -21.3%
The Senate was unable to pass the American Jobs and Closing Tax Loopholes Act (H.R. 4213) late Thursday night, despite reducing the length of the Medicare physician payment provision from 19 months to 6 months in order to reduce the overall cost of the bill.