Medicare Physician Pay Cut Update
Posted on 03. Mar, 2010 by in Provider News
On Tuesday evening, the Senate passed H.R. 4691, which freezes the Medicare conversion factor at current levels through March 31.
Because of this vote, you will not face the 21% pay cut until April 1, explains Part B Insider editor, Torrey Kim. Hopefully by that point, a more permanent fix will have been introduced. “The Senate is working on a bill that would extend the current Medicare payment rate until Oct. 1,” reports this article from the AAFP site.
H. R. 4691 is a “hodgepodge” bill that contains a lot of other provisions in addition to this month’s conversion factor freeze, reports The Wall Street Journal. The bill also extends COBRA’s health insurance subsidies.
Or
Signup to read articles and receive SuperCoder Bolt Newsletter
Register for Article Access
Access our articles and receive SuperCoder Bolt Newsletter.
You will also receive
- Free updates on CPT, ICD-9, HCPCS, Medicare, NCCI edits, and ICD-10.
- Discounts on 3rd party offers
If you've already signed in and are still seeing this screen, click here to refresh the page.
Loading ...Visit SuperCoder For:
