In CMS
Jan 25th, 2018
Former drug industry executive, Alex Azar, was confirmed by congress by bipartisan vote to be the new secretary of the U.S. Department of Health & Human Services (HHS). The former president of the Big Pharma company Eli Lilly & Co., “will now be in charge of buying more medications than anyone in the world,” according ...
In Coding
Apr 15th, 2015
The Senate burned the midnight oil late last night, approving legislation to repeal the Medicare Sustainable Growth Rate (SGR) formula. The bill passed 92-8 and without reference to an ICD-10 delay, giving further momentum towards the Oct 1, 2015 implementation deadline and creating increased urgency for those still preparing for the new medical code set, ...
In Billing
Mar 27th, 2014
This morning the United States House of Representatives passed House Bill 4302.  The bill proposes to extend Medicare’s Sustainable Growth Rate (SGR) current rate to April 15th, 2015 and would delay other Medicare deadlines. The bill, as currently drafted, would also postpone ICD-10-CM implementation until after Oct. 1, 2015 and restrict the Centers for Medicare ...
In Billing
Dec 30th, 2011
To better allow physicians to manage the uncertainty of threatened Medicare fee reductions slated for the 2012 Medicare Physician Fee Schedule (MPFS), the Centers for Medicare & Medicaid Services (CMS) extended the 2012 Annual Participation Enrollment Program. Fortunately, a two-month Congressional suppression of the mandated pay cut followed. Physicians narrowly escaped a 27.4 percent reductio...
In Billing
Dec 19th, 2011
The Sustainable Growth Rate (SGR) cut of payments to physicians servicing Medicare payments is not going to happen, at least for two months. The  House of Representatives passed a bill similar to one passed by the Senate on Dec. 17 that postpones the impending 27.4 percent cut to physicians’ Medicare reimbursement rates for two months.The Senate’s amended ...