From the American Academy of Ophthalmology
As expected, a 27 percent reduction in payments is included in the proposed 2013 Medicare physician fee schedule released today by the Centers for Medicare and Medicaid Services (CMS). The cut is due to continuation of the flawed sustainable growth rate (SGR) formula. Ongoing, SGR-driven uncertainty will continue into the upcoming elections. If the SGR cut is halted as in past years, ophthalmology payments in general would increase by 1 percent in 2013, according to CMS.