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Final Rule: Beware Potential ‘Ides of March’ Pay Cut

Posted on 30. Mar, 2015 by in Hot Coding Topics

Only an act of Congress can save the day.

You might have experienced little change in Medicare pay in January, thanks to a stipulation in the Protecting Access to Medicare Act of 2014 (PAMA) that halts sustainable growth rate (SGR) cuts until April 1, 2015.

But the ticking SGR time bomb, along with aggregate RVU changes that bode well or ill for service providers depending on their specialty, could mean that your lab or pathology practice’s financial outlook is not that stable after all.

Read on to see what Medicare pay changes you might expect this year — now and possibly later, too.

Conversion Factor Holds Steady — For Now

Although PAMA promised a flat conversion factor (CF) through March 31, the Physician Fee Schedule (PFS) final rule actually defines a small decrease from the 2014 CF of 35.8228 to 35.7547 for the period of Jan. 1 through March...

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