tci Medicare Compliance & Reimbursement - 2006 Issue 4

INDUSTRY NOTES: CMS Confirms Retroactive Physician Payment Adjustments

Plus:  Bipartisan bill could extend Part D enrollment deadlineProviders who've been crossing their fingers for retroactive adjustments to the 2006 physician payment update finally have some good news.Upon the Deficit Reduction Act's enactment, the Centers for Medicare & Medicaid Services will instruct contractors to automatically process new claims and reprocess existing claims to reflect the legislation's zero-percent physician payment update. CMS director Herb Kuhn made the announcement in a Jan. 6 letter to Rep. Bill Thomas (R-CA), the House Ways and Means Committee chairman, and Sen. Charles Grassley (R-IA), the Senate Finance Committee chairman.The American Medical Association...

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