tci Medicare Compliance & Reimbursement - 2006 Issue 41

PHYSICIANS: For You And Your Patients, Talk Isn't Cheap Anymore

But CMS will reduce your payments by 5 percent overall.There's good news and bad news for you in the final rule that solidifies the 2007 Medicare Physician Fee Schedule (MPFS). The bad news: You will indeed see a much-debated 5-percent payment reduction next year.But the good news is that Medicare will pay physicians much more for two of their most-billed services, according to the new MPFS final rule. In the Centers for Medicare & Medicaid Services' (CMS) new initiative to focus on the physician-patient relationship, the final rule increases the work component for the relative value units...

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