IMS can only be as energized as the members who comprise it, so reach out to your IMS colleagues and get to know them, as well as, our focus of collegiality and quality medical care.
David R. Diaz, MD, IMS President
If you want more information about our newest IMS members, visit them on our physician finder here. A simple search is all that is required.
The sustainable growth rate (SGR) formula is no more. Thanks to new legislation adopted Tuesday, April 14, 2015, Medicare patients and the physicians who care for them no longer will be threatened by the flawed payment formula that left the Medicare program unstable and threatened access to care.
New legislationFollowing years of advocacy by the nation’s physicians standing up for their patients and their practices, the U.S. Senate Tuesday evening followed the U.S. House of Representatives’ lead and passed a bill to immediately repeal the SGR formula.
The Medicare Access and CHIP Reauthorization Act was adopted by a vote of 92 to 8 on the eve a 21 percent cut to physicians’ Medicare payments was set to take place. Instead, the bill provides positive annual payment updates of 0.5 percent, starting July 1 and lasting through 2019. Claims that were held for the first half of April will be processed and paid at the rates that were in place before the 21 percent cut was scheduled to take effect.
In addition to addressing Medicare payment, the legislation outlines several provisions that should be beneficial for physicians, including:
While the bill supports physicians who choose to adopt new payment and delivery models, it also retains Medicare’s fee-for-service model. Participation in new models is entirely voluntary.
Additional information about provisions of the new legislation is available in a new frequently asked questions document.
Going forwardThe legislation takes an important first step by eliminating the SGR formula, and the AMA will remain vigilant in working to ensure that implementation bolsters the sustainability of physician practices and empowers physicians to provide the best possible care for patients.
Additional challenges physicians continue to face in the Medicare program include impractical requirements of the electronic health record meaningful use program, eliminating the Independent Payment Advisory Board and the costly transition to the ICD-10 code set.
As part of its Professional Satisfaction and Practice Sustainability initiative, the AMA will continue its work to clear these roadblocks to improving the nation’s health.
The Indianapolis Medical Society was established in 1848. We are a professional membership organization for all licensed Doctors of Medicine and Doctors of Osteopathy in the Indianapolis area. Our offices are located at 631 E. New York St., Indianapolis, IN 46202-3706; our office hours are 8:00 to 4:30, Monday through Friday. Phones are answered 24/7 by the Medical Society Exchange.
If you are a physician and want additional information on becoming a member of our organization, please call (317) 639-3406 or E-Mail us: firstname.lastname@example.org. Please visit our membership page ... we want you to join us! For an application and other membership needs, use our easy online forms or download the information utilizing this link.
If you are a member of the general public and want to know if your physician is a member of Indianapolis Medical Society, or if you would like education information on your personal physician, please call (317) 639-3406 or E-Mail us: email@example.com or use our handy Physician Finder.
We also provide referrals to physicians using our staff and website physician finder. If you are new to our area or simply seeking a change of physicians, we are ready to help! Ask your physician if they are a member and if not, why not.
Additionally, our Commission on Professional Affairs reviews concerns from patients who might have questions about whether or not their treatment was ethical or appropriate.