tci Medicare Compliance & Reimbursement - 2010 Issue 2
PART B PAYMENT: Legislators Offer New Year's Gift With Temporary Medicare Pay Fix
Plus: You'll face a 10-day payment delay from MACs as they update their claims systems to reflect changes. Good news: Despite Centers for Medicare and Medicaid Services' (CMS) plans to downgrade your 2010 conversion factor by 21.29 percent, the government stepped in at the last minute and offered you a quick boost -- at least temporarily. Facing grim cuts in Medicare pay, Congress voted to delay a decrease to the conversion factor until March 1, 2010. Therefore, you'll see a conversion factor of $36.0846 for dates of service between Jan. 1, 2010 and Feb. 28, 2010. This...
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