tci General Surgery Coding Alert - 2012 Issue 2
News brief: Expect 2-Month Medicare Payment Reprieve
SGR formula fix is key.You won't face a 27 percent Medicare pay cut beginning Jan. 1 after all -- at least not for two months. That's because the rate reduction was once again kicked to the curb by Congress, resulting in a Medicare Physician Fee Schedule conversion factor of $34.0376 through Feb. 29.On Dec. 23, the House followed the Senate's lead in voting to halt the Medicare pay cut for two months, which will freeze Medicare pay at 2011 rates through the end of February.Look for Long Term SolutionsAlthough Medicare pay is now set to...
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