decisionhealth Newsletters, Coder Pink Sheets - 2003 Issue 12 (December)
Doctors avoid cut in Medicare pay, but not for drugs
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Article Overview
This article is for healthcare billing and coding professionals who need to understand a Medicare payment update that affects physician services and a separate change affecting payment for physician-administered drugs and injectables. It summarizes the role of the federal drug pricing program, the general shift in reimbursement methodology, and the impact on drug pricing in office-based and other covered settings. The piece is relevant to practices that bill Medicare Part B and to readers tracking reimbursement changes tied to CMS pricing policy.
Why This Topic Matters
Medicare payment updates can affect both professional service revenue and the reimbursement received for drugs supplied in the practice setting. Understanding the general scope of this policy change helps practices anticipate financial impacts and follow changes in Medicare pricing administration.
What You Will Learn
- How a Medicare payment update can affect physician services and separately administered drugs
- The role of the federal drug pricing program in Medicare drug reimbursement
- Why drug reimbursement may differ when local pricing rules apply
- Which practice settings are generally mentioned in relation to Medicare Part B drug payment
Who Should Read This
- Medical coders
- Billing specialists
- Practice managers
- Compliance staff
- Revenue cycle professionals
- Gastroenterology office staff
Codes Discussed
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