tci Medicare Compliance & Reimbursement - 2013 Issue 24
Part B Payment: Final 2014 Fee Schedule Slashes Not as Steep as Proposed
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Article Overview
This article reviews the final 2014 Medicare Physician Fee Schedule and its impact on Medicare Part B payment. It is relevant to physicians, practice managers, coders, and billing staff who need to track fee schedule updates, specialty reimbursement changes, and new chronic care management developments. The article also touches on CMS rulemaking, advocacy concerns, and upcoming Medicare payment policy changes affecting several specialties and service types.
Why This Topic Matters
Changes in the Medicare Physician Fee Schedule can affect reimbursement, practice revenue, and planning across multiple specialties. The article helps readers understand the scope of the final rule, where payment pressure is expected, and what new chronic care management policy direction CMS was describing for future implementation.
Article Sections
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Final 2014 Medicare Physician Fee Schedule overview
Summarizes the final rule and its overall impact on Medicare payment for the year. Includes the broader policy context and the significance of the update for physician practices.
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Other specialties could face steeper cuts
Describes how the finalized fee schedule affects certain specialties and service categories differently. Also notes that some specific procedures were identified as seeing major payment reductions.
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Look ahead to 2015 for chronic care bonuses
Introduces upcoming Medicare chronic care management policy discussed in the final rule. Covers the general direction of new services, related payment concepts, and coordination with other care management services.
What You Will Learn
- The overall scope of the final 2014 Medicare Physician Fee Schedule
- Which broad provider groups and service categories were discussed as being affected
- How CMS described future chronic care management policy development
- How the article frames Medicare payment updates in relation to physician practice planning
Who Should Read This
- Physicians
- Medical coders
- Billing staff
- Practice managers
- Revenue cycle professionals
- Healthcare administrators
Codes Discussed
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