AMA CPT® Assistant - 2011 Issue 1 (January)

Medicare Physician Payment Changes: 2011 Conversion Factor (January 2010)

January 2011 pages 3-5 Medicare Physician Payment Changes: 2011 Conversion Factor On November 30, 2010, President Obama signed the HR 5712 Physician Payment and Therapy Relief Act of 2010. This Act maintained the 2010 conversion factor through December 31, 2010. The cost ($1 billion over 10 years) of this one-month postponement will be paid for by changes in Medicare reimbursement for outpatient therapy services. This short-term fix allowed Congress the time to adopt HR 4994 Medicare and Medicaid Extenders Act of 2010, a one-year freeze on sustainable growth rate (SGR) related negative updates to the Medicare conversion factor for...

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