tci Part B Insider - 2003 Issue 7

PARTICIPATION: July 'Double Whammy' Could Hit Nonparticipating Hardest

It just keeps getting more and more confusing. Now, not only will your payments from January and February be adjusted down to 2002 levels come July, but you'll also face a whole new slew of headaches as well. Any physician who chooses to revoke participation in Medicare by the April 15 deadline must request a payment adjustment dating back to March 1. That's because the participation agreements executed by April 15 are retroactive to March 1. And so is any decision by a physician to revoke Medicare participating status, the Centers for Medicare & Medicaid Services explains in a...

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