tci Medicare Compliance & Reimbursement - 2003 Issue 42

Physicians: CMS ANNOUNCES RATE CUT, BUT CONGRESS MAY REVERSE

Physicians are slated to receive a 4.5 percent cut in Medicare reimbursement under a final rule scheduled for publication in the Nov. 7 Federal Register. Sen. Charles Grassely (R-IA) told reporters Oct. 30 that congressional Medicare negotiators would include language blocking the cut in their conference report, although he would not specify what form that language would take. The House Medicare bill would give physicians positive updates of no less than 1.5 percent in 2004 and 2005, while the Senate bill would maintain current law governing physician compensation. The 4.5 percent reimbursement cut is up slightly...

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