DecisionHealth, DecisionHealth - 2010 Issue 12 (December)

President signs Medicare payment fix bill, delays reimbursement cut

You are now guaranteed stable Medicare reimbursement rates for one year. President Barack Obama signed the Medicare and Medicaid Extenders Act of 2010 on Dec. 15. The new law will prevent cuts of roughly 30% to physician payments in 2011 (PBN 12/13/10) and will allow CMS to adjust its conversion factor up from the reduced rate of $25.5217 found in the Medicare Physician Fee Schedule.

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