tci Part B Insider - 2004 Issue 40

Reimbursement: Wave Goodbye To $200 Million Next Year

Jump on the demonstration band-wagon to add to your paymentsGood news: You'll be seeing a 1.5 percent increase in payments across the board for physician services next year, as well as important screening benefits.Bad news: The 2005 physician fee schedule, which just came out in its final form, includes steep cuts to many drugs that physicians count on. Medicare is boosting payments for other services, including drug administration, to compensate. But doctors who dispense drugs can still expect to see a steep reduction next year. The Centers for Medicare & Medicaid Services wanted to be sure Medicare...

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