tci Medicare Compliance & Reimbursement - 2006 Issue 45

LEGISLATION: How You Can Start 2007 With No Change To Your Reimbursement

Get ready for pay-for-reporting, medication quality standards.Good news: Congress acted at the eleventh hour to prevent a steep cut to physicians' reimbursement in January.Not only does the new law eliminate your 5-percent pay cut for 2007, it also creates a fund to stabilize payments in 2008. Many physician organizations had been worried that Congress could get rid of the 2007 cut, only to end up with a 10-percent cut in 2008 to compensate. The bill also called for:· Pay for reporting. Starting in July, your practice can gain an extra 1.5 percent of Medicare reimbursement by...

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