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AMA CPT® Assistant - 2005 Issue 2 (February)

2005 Medicare Payment Changes (February 2005)

February 2005 pages 7-9 Coding Communication:2005 Medicare Payment Changes 2005 Medicare Conversion Factors: Medicare Physician Payment Schedule $37.8975 Anesthesia $17.7594 The Medicare Prescription Drug, Improvement, and Modernization Act (MMA) of 2003 replaced a pending 4.4% cut to the conversion factor in 2004 with a 1.5% increase and a 3.3% reduction with a 1.5% increase for 2005. Coding Changes and Work Relative Values The AMA/Specialty Society RVS Update Committee (RUC) submitted work relative value recommendations and direct practice expense inputs for 149 new and revised Current Procedural Terminology (CPT) codes to the Centers for...

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