tci Medicare Compliance & Reimbursement - 2007 Issue 43

Reimbursement: Prepare Now For 10.1-Percent Payment Drop In January

But anesthesiologists boost their pay by one-third The Centers for Medicare & Medicaid Services (CMS) announced that your Medicare payments will drop 10.1 percent in January -- even more than the 9.9-percent cut you were bracing for. Just imagine calculating all your payments with a conversion factor of 34.0682. That's the terrible reality you'll face in January unless Congress acts soon. "This is disgraceful," says Maxine Lewis with Medical Coding Reimbursement Management in Cincinnati. "Medicare Advantage groups have received an increase," while doctors receive pay cuts. "How does the government believe that a business...

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