tci Part B Insider - 2013 Issue 8

Part B Pay: Impact of Sequester Cuts Won't Hit Medicare Until April

Still, however, a two percent cut could damage your income significantly. If you’ve seen the news over the past few weeks, you know that the government faced across-the-board spending cuts effective March 1 due to Congress’s failure to agree on a way to avert the $85 billion budget reduction, referred to as “the sequester.” Although most of the discussions on this topic sound like legalese, the bottom line is that Medicare payments will take a two percent hit, making this topic very significant to your practice’s income. Fortunately, however, the two percent Medicare cuts...

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