tci Part B Insider - 2004 Issue 39

DRUG REIMBURSEMENT: Good News: You Soon Can Use 14 New Anti-Cancer Drug Codes

Bad news: New payments replace just 1/5 of what you're losingThe Centers for Medicare and Medicaid Services is willing to put its money where its mouth is when it comes to keeping cancer care in physicians' offices.With cancer care providers facing half a billion dollars in cuts next year, CMS accepted the suggestions of the American Medical Association's Relative-Value Update Committee. Starting in January, you'll have 14 new drug administration codes, according to a letter from CMS Administrator Mark McClellan to House Ways and Means Health Subcommittee Chair Nancy Johnson (R-CT). In particular, new codes will reimburse physicians...

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