tci Part B Insider - 2016 Issue 10

Physician Notes: What Ever Happened to 'Sequestration' Cuts?

Plus: CMS creates proposal for new medication injection payments. Do you remember back in 2013 when CMS instituted “sequestration cuts,” which slashed Medicare pay by two percent? If you’re wondering what ever happened to that, the answer may be a little bit frustrating—because the cuts are still in place. CMS reminded practices of this fact in its March 3 “MLN Connects Provider e-News” bulletin, which noted that the two percent payment reduction will stay in place for the foreseeable future. “The claims payment adjustment will continue to be applied to all claims after...

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