On November 29, 2010, the House of Representatives approved H.R. 5712, a one-month Medicare physician fee schedule (MPFS) “fix,” financed by an outpatient therapy reimbursement change. Specifically, H.R. 5712 would continue current temporary MPFS rates through the end of the year, averting a 23% cut scheduled to go into effect December 1, 2010 under the statutory “sustainable growth rate” (SGR) formula. The legislation would be financed by adopting – with modification – the Centers for Medicare & Medicaid Services’ (CMS) new multiple procedure payment reduction (MPPR) policy for outpatient therapy procedures included in the final 2011 Medicare physician fee schedule rule. As approved by Congress, the provision would apply a 20% (rather than 25% in the CMS rule) MPPR to the practice expense component of Medicare payment for the second and subsequent therapy services when multiple outpatient therapy services are furnished to a single patient by a single provider on the same day. H.R. 5712 is now cleared for the President, who is expected to sign the measure into law. Note that when this latest stop-gap measure expires, physicians still will be facing a roughly 25% cut in MPFS payments under the SGR formula unless Congress acts yet again to avert the cuts.