Medicare Compliance & Reimbursement

Industry News; Doctors Brace for Looming Cuts, Seek Alternatives to Private Practice

Correctional facilities offer enticing options. If you make a list of low-paying jobs in America, physicians won't figure in it -- at least not at present. But with the 21 percent Medicare rate cut in the offing, docs are already looking farther afield than the private practice option to make up the for missing revenue. Calm Before the Storm? The Senate voted March 10 to delay the cut in Medicare physician reimbursement, pushing the implementation date to October 1. The House of Representatives had already endorsed a postponement, so the proposal goes back to the House to prepare a bill for President Obama's signature. But doctors aren't raising their hopes too high for a reprieve. The fix is only a temporary stay and no one quite knows how the cookie will crumble on Oct. 1, notes Barbara Kram in her post on www.DotMed.com. Doctors Face Financial Fallout In a post [...]
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