tci General Surgery Coding Alert - 2003 Issue 5

News You Can Use: Medicare Payments on the Rebound, but Expect Challenges

On Feb. 28, Medicare published an update to its final rule for the 2003 Physician Fee Schedule in the Federal Register. Although surgeons will breathe a sigh of relief to learn that Medicare payments will rise (rather than, as expected, decrease) for 2003, the final rule will likely complicate billing for procedures provided during the first two months of the year.Congress Refactors the Conversion Factor As announced in the Dec. 31, 2002, Federal Register, the conversion factor that determines payment for Medicare services (relative value units as assigned by the Physician Fee Schedule X conversion factor = payment...

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