BC Advantage - 2006 Issue 3
The Deficit Reduction Act of 2005 - What Does it Mean to Healthcare Providers?
President Bush signed the Deficit Reduction Act of 2005 on February 8, 2006. This law, like most passed by our legislature encompasses everything but the kitchen sink. Titles V and VI effect the Medicare and Medicaid systems and the bottom lines of healthcare providers.Some of the provisions that will have the greatest impact to healthcare providers beginning January 1, 2007 involve a multiple-procedure adjustment for imaging services, reducing payment of imaging services to the hospital outpatient department fee schedule (PPS) amounts, limiting payments for procedures in ambulatory surgical centers to the hospital outpatient department (PPS) fee schedule...
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