Congress has to fix the payment formula, he said.
Negotiations foundered on Port Chester's insistence on a payment formula based on assessed value of property.
Rye Brook pushed for a payment formula based on both assessed valuation and population.
For this reason, I have been a long-time supporter of correcting the flawed payment formula currently used to calculate Medicare reimbursement for physicians.
However, this flawed payment formula has serious consequences, including scheduled cuts to Medicare physician reimbursements.
Cost figures in both cases are only estimates because lawmakers do not have all the crop information that must be taken into account in working out the payment formulas.
This monthly payment formula is easy to derive, and the derivation illustrates how fixed-rate mortgage loans work.
But he said there are payment formulas that landlords will accept from companies that are - at least temporarily - cash rich.
The monthly payment formula is based on the annuity formula.
But after studying the complex payment formula, preferred provider organizations cannot say whether it would be economically feasible to operate in the Medicare market.