tci Part B Insider - 2010 Issue 20

Medicare Payment: 21 Percent Cut Continues to Loom, With May 31 Deadline Nearing

CMS instructs MACs to hold claims for ten business days while Congress mulls bill.Impending cuts to your Medicare pay have been a familiar story this year, but hopefully you won't face a 21 percent payment drop while you're trying to enjoy your Memorial Day picnic.Last month, Congress voted to extend freezing the conversion factor at 2009 levels so Part B practices wouldn't have to face a 21 percent cut to the conversion factor, which was supposed to go into effect on April 1. Once the president signed the extension into law, it meant that practices didn't have...

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