PHYSICIAN PAYMENT UPDATE.

SEC. 101. PHYSICIAN PAYMENT UPDATE. Section 1848(d) of the Social Security Act (42 U.S.C. 1395w-4(d)) is amended— (1) in paragraph (15)— (A) in the heading, by striking “January through march of”; (B) in subparagraph (A), by striking “for the period beginning on January 1, 2014, and ending on March 31, 2014”; and (C) in subparagraph (B)— (i) in the heading, by striking “remaining portion of 2014 and”; and (ii) by striking “the period beginning on April 1, 2014, and ending on December 31, 2014, and for”; and (2) by adding at the end the following new paragraph: “(16) Update for january through march of 2015.— “(A) In General.—Subject to paragraphs (7)(B), (8)(B), (9)(B), (10)(B), (11)(B), (12)(B), (13)(B), (14)(B), and (15)(B), in lieu of the update to the single conversion factor established in paragraph (1)(C) that would otherwise apply for 2015 for the period beginning on January 1, 2015, and ending on March 31, 2015, the update to the single conversion factor shall be 0.0 percent. “(B) No effect on computation of conversion factor for remaining portion of 2015 and subsequent years.—The conversion factor under this subsection shall be computed under paragraph (1)(A) for the period beginning on April 1, 2015, and ending on December 31, 2015, and for 2016 and subsequent years as if subparagraph (A) had never applied.” .