tci Part B Insider - 2012 Issue 44

In other news…

The New Year is approaching, but along with good cheer, Part B practices were hoping to see Congressional action to reverse the potentially devastating news that Medicare pay rates are set to drop on Jan. 1. Unfortunately, however, that hasn’t happened yet. Background: The 2013 Fee Schedule brings the 2013 conversion factor down to $25.0008. "In the absence of Congressional action, an overall reduction of 26.5 percent will be imposed in the conversion factor used to calculate payment for physicians’ services on or after January 1, 2013," the Fee Schedule says. As most practices are...

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