tci Part B Insider - 2013 Issue 45

Part B Payment: Congress Offers 3-Month Reprieve on Conversion Factor Cuts

Plus: Government moves toward possible SGR repeal. If you weren’t looking forward to the 20+ percent conversion factor cut that was scheduled to hit on Jan. 1, a great holiday gift just arrived from Congress. On Dec. 19, Congress approved a 0.5 percent increase to Medicare payments (over 2013 payment amounts) instead of the huge conversion factor cuts that were supposed to take effect in January. Although the fix is only good through the end of March, that three month period could be just what the government needs to fix the Medicare payment system for good. That&rsquo...

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