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Medicare Compliance & Reimbursement

Medicare Pay:

Congress Puts Off 21 Percent Pay Cut Until June 1

Published on Fri Mar 26, 2010

But because legislators missed the cutoff by one day, some claims were processed using a lower rate. Although the government appeared poised to take a big bite out of your next Part B payments, you have another month before you need to worry about losing reimbursement. That's because the 21.2 percent Medicare pay cuts that practices have feared since January have been delayed until June 1. Lawmakers returned from a two-week break on Monday and appeared ready to take up legislation that would extend the payment freeze until May 31 to prevent cuts to your Medicare pay, but passage of the bill did not immediately materialize. Although CMS had instructed MACs to hold claims for 10 business days as of April 1 in anticipation of a pay fix, that hold expired on April 14. Congress did eventually approve the bill, and the president signed it on the evening of April [...]
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