tci Medicare Compliance & Reimbursement - 2005 Issue 2

PHYSICIANS: Medicare Should Raise Prices Retroactively For Pricey Drugs, Physician Group Says

Docs don't understand differences between observation, inpatient admission The Centers for Medicare & Medicaid Services isn't providing enough information on drug cuts and won't have a sure-fire way to find out how the cuts affect providers.Physicians presented those complaints to the Nov. 22 meeting of the Practicing Physicians Advisory Council. PPAC passed resolutions calling on CMS to post raw data on third quarter 2004 drug prices on its Web site right away, because that data will determine the rates CMS pays starting in January. And PPAC also called on CMS to have a means to collect information on...

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