tci Part B Insider - 2007 Issue 37

REIMBURSEMENT: Prepare Now--Medicare Could Decimate Your Payments In January

But anesthesiologists boost their pay by one-thirdThe Centers for Medicare & Medicaid Services (CMS) announced that your Medicare payments will drop 10.1 percent in January--even more than the 9.9-percent cut you were bracing for. Just imagine calculating all your payments with a conversion factor of 34.0682. That's the terrible reality you-ll face in January unless Congress acts soon.-This is disgraceful,- says Maxine Lewis with Medical Coding Reimbursement Management in Cincinnati. -Medicare Advantage groups have received an increase,- while doctors receive pay cuts. -How does the government believe that a business can operate on...

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