tci ED Coding & Reimbursement Alert - 2007 Issue 1

NEWS YOU CAN USE ~ Congress Stalls 2007 Medicare Pay Cut

Scheduled 5.1 percent decrease scrapped at the last minute On its way out the door, the 109th Congress left a nice gift for physicians and Medicare patients: It overturned the 5.1 percent reduction on Medicare payments that was supposed to take effect Jan. 1. The legislation will stop the cut to the conversion factor on Medicare physician payments in 2007. Instead, there will be a one-year update of 0 percent to the physician fee schedule. Further, the action will set aside money to avert similar payment cuts in 2008 and prevent any further reductions in pay for...

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