tci Medicare Compliance & Reimbursement - 2003 Issue 32

MEDICARE PAY CUT LOOMING IN 2004

Only a few months after Congress turned a looming 4.4 percent Medicare pay cut into a 1.6 percent increase for 2003, physicians are facing a 4.2 percent cut in 2004, with another cut expected in 2005. The 2004 negative update, contained in the Centers for Medicare & Medicaid Services' proposed physician fee schedule, may not stand. The House Medicare bill would ensure increases of at least 1.5 percent in 2004 and 2005 for physicians. The Senate bill puts the chamber on record against reimbursement cuts but leaves actually preventing them to separate legislation. Such legislation...

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