tci Part B Insider - 2004 Issue 1

Reimbursement: Docs Receive Happy New Year From Medicare

Pay hike replaces pay cut at the last moment Good news for physicians - the Medicare pay increase promised in the prescription drug bill enacted last month will go into effect right on time in 2004.   Effective Jan. 1, you can expect a 1.5 percent pay increase. Thanks to the Medicare Prescription Drug, Improvement and Modernization Act, physicians in rural and other areas of the country can look forward to Medicare increases of up to 4.8 percent as the Centers for Medicare & Medicaid Services adjusts payments to reflect area cost differences. And if you happen...

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