Outpatient Facility Coding Alert - 2004 Issue 10
Reimbursement: Docs Could Receive $600 Million More in 2005
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Article Overview
This article summarizes a MedPAC report to Congress on physician reimbursement and access to care, including the commission’s view of current payment adequacy and its recommendation for a larger payment update than the one then in place. It also notes a similar recommendation affecting ESRD care. The piece is relevant to physicians, practice administrators, coders, and revenue-cycle professionals tracking Medicare payment policy and annual update changes.
Why This Topic Matters
It highlights Medicare reimbursement policy changes that could affect practice revenue and planning for the upcoming payment year.
What You Will Learn
- How MedPAC characterized physician payment adequacy
- What payment update MedPAC recommended for physicians
- That the article also mentions ESRD care payment updates
- Why the reimbursement discussion mattered for Medicare stakeholders in 2005
Who Should Read This
- Physicians
- Practice administrators
- Medical coders
- Revenue cycle staff
- Healthcare reimbursement professionals
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