On Tuesday, the United States Senate passed Sustainable Growth Rate (SGR) repeal legislation. The legislation ended the SGR formula whose past plagued Medicare physician payment issues for more than ten years as it approved the Medicare and CHIP Reauthorization Act (MACRA) which, according to reports, is expected to sign before midnight eastern time.

The reports further stated that the bill was approved by the House of Representatives by a vote of 392 to 37 on March 26. On Tuesday, the United States Senate voted 92-8 to approve the legislation. President Barack Obama has also released a statement where he said that he will sign the bill, which extends the Children's Health Insurance Program (CHIP).

A report in the Washington Post noted, "It was lauded by Capitol Hill leaders as a bipartisan triumph for both removing a yearly headache from the legislative calendar but also by implementing modest reforms to Medicare, including future incentives for doctors to deliver better care".

American Medical Associated announced that its CEO, James L. Madara, will host a conference call on Wednesday where the CEO will discuss the development. The American Medical Associated, which is based in Chicago, stated that the bipartisan, bicameral legislation will ensure access to care for elders, children, low income adults and military personnel and their families.

As per some reports, the Sustainable Growth Rate (SGR) formula plagued the health care system of the country for more than ten years. The passed legislation will pave the way for physicians to implement new delivery and payment reforms that could provide help in improving quality of care and reduce costs.

The American Medical Associated has launched ambitious initiatives so that health of the nation could be improved. According to the reports, the new legislation will provide a better path forward to health experts.