tci Part B Insider - 2010 Issue 37

Physician Notes: Just Over 1 Month Left Until Medicare Payments Drop By 23 Percent

Plus: New Anti-Fraud Law Could Delay Your Medicare PaymentsLast June, Congress voted to not only stave off a 21 cut to your Medicare pay, but to increase your revenue by 2.2 percent. However, that vote only kept the cuts at bay through November 30 --and that date is right around the corner.Effective December 1, your Medicare pay is set to drop by over 23 percent, unless Congress intervenes to reverse the cuts. Add to that the fact that 2011 payments are due to drop by another 6.5 percent starting January 1, and medical practices are facing...

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