This afternoon, the Senate approved a temporary patch to the sustainable growth rate (SGR) payment formula that will prevent deep Medicare payment cuts for another year and also delays the implementation of ICD-10 to October 2015 at the earliest.

The decision came four days after a swift House vote in favor of the Band-Aid approach within a bill that also delays ICD-10 for at least another year and postpones compliance with the controversial two-midnight rule and recovery audits of medically unnecessary claims until March 15.