tci Part B Insider - 2009 Issue 40

PART B PAYMENT: Fee Schedule Cuts Medicare Pay By 21.2%, Scraps Consults

Bonus: CMS increases pay for office visit codes. Get ready for another year of nail-biting to find out if your Medicare payments will be slashed. "The update to the physician fee schedule conversion factor is -21.2 percent for CY 2010, notes the 2010 Medicare Physician fee schedule Final Rule, printed in the Federal Register that will be published on Nov. 25. Traditionally, Congress has stepped in to reverse such dramatic cuts before they take place, but unless that happens this year, you'll face a conversion factor of $28.4061 effective Jan. 1, according to calculations in the Federal...

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