tci Medicare Compliance & Reimbursement - 2008 Issue 16

Industry Notes: Senate Could Vote On 18-Month Pay Increase By Next Month

Plus: New HCPCS modifier debuts in July Most physicians don't want to wait until June 30 to arrive before they know whether they'll be saved from the 10.8 percent pay cut that's due to hit Medicare providers on July 1. Hopefully the promising news that came from Capitol Hill this week is an indication that lawmakers don't want to wait that long, either. On April 8, Sen. Max Baucus (D-MT), who chairs the Senate Finance Committee, indicated that the Senate would vote on Medicare funding increases by mid-May. Although many non-physician groups are worried that boosts to physician...

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