tci E/M Coding Alert - 2014 Issue 2

Reimbursement: Rejoice In Conversion Factor Increase Rather Than Decrease

Hope for additional changes before the end of March. Like most practices, you were problem braced for a drastic cut in your Medicare payments after the first of the year. Thankfully, Congress stepped in to avert those reductions — for now. Here’s why: On Dec. 26, 2013 President Obama signed into law “The Pathway for Sustainable Growth Rate Reform Act of 2013.” Approved was a 3.5 percent increase in the conversion factor instead of the huge conversion factor cuts that were supposed to take effect in January. Unfortunately, because of changes in relative value units...

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