tci Part B Insider - 2003 Issue 5

REIMBURSEMENT: Medicare Physician Payments 'Adequate,' Says MedPAC

Physicians should enjoy the meager payment increase they wrangled from Congress last month. It could be the last boost they reap for a long time to come. At least that'll be the case if Congress listens to its advisory body, the Medicare Payment Advisory Commission. MedPAC delivered a report to Congress March 6 that said physician payments were "adequate" following Congress' move to turn a 4.4 percent cut into a 1.6 percent increase for 2003. For 2004, MedPAC advises Congress and the Centers for Medicare & Medicaid Services to pass an update that "equals the estimated change...

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