tci Part B Insider - 2010 Issue 23

Medicare Pay: Congress Halts Medicare Cuts After MACs Processed Claims With 21 Percent Discount

After a week of paying claims at 1994 levels, CMS will begin giving you a 2.2 percent financial boost.MACs distributed substantially lower Medicare payments last week, due to a 21 percent cut that hit your Part B claims -- but the House of Representatives reversed those cuts on the evening of June 24, with a vote that will also give you a 2.2 percent pay increase through November 30.On June 18, 17 days' worth of claim holds expired, and with Congress slow to come to a legislative agreement, your practices paid the price after MACs...

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