tci Medicare Compliance & Reimbursement - 2008 Issue 8

Reader Question: Know The Ropes Of Medicare Opt-Outs

Take a look at the potential rewards -- and risks Question: In anticipation of the July 1 Medicare rate cut, our physicians are considering opting out of Medicare. Can you offer any advice on this? Answer: Before you pursue opting out of Medicare, take a look at what rewards you'll reap for doing so. One benefit would be not having to worry so much about looming fee schedule cuts from CMS every six months to a year. Opting out can actually make providing complete care to patients easier for some physicians. Some physicians commonly have to provide services Medicare...

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