tci Part B Insider - 2013 Issue 13

Cash Flow: 5 Hidden Income Opportunities Ease the Pain of Sequestration Cuts

Your Medicare pay was slashed by two percent on April 1—these tips will help bring in cash. Now that it’s mid-April, you’ve probably already noticed that some of your Medicare reimbursements have been a bit smaller than what you expected. That’s because the government’s sequestration cuts have impacted the Medicare program with two percent across-the-board pay cuts that kicked in on April 1. Your claims with dates of service of April 1 or thereafter will not only have a reduction, but will also have adjustment code 223, which refers to a mandated regulation. The...

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