Fee Schedule:
Finalized 2013 Fee Schedule Includes 26.5 Percent Cut
Published on Wed Nov 21, 2012
Plus: Transition care management pay is formalized with assignment of codes 99495-99496.CMS offers several bits of good news in its newly-finalized 2013 Medicare Physician Fee Schedule, including new transitional care management codes and associated payment for primary care doctors -- but the agency also included a 26.5 percent conversion factor cut that could impact practices across-the-board if Congress doesn't act to reverse it before Jan. 1.On Nov. 1, CMS released its Final Medicare Physician Fee Schedule for 2013. The 1,362-page document, which will be published in the Nov. 16 Federal Register, offers a look into how the agency configures its RVU assignments, and shows just which specialties will escape drastic cuts to their reimbursement.CMS Assigns New Codes for Hospital TransitionsIf your physician spends a significant amount of time providing care for patients transitioning back to the community following a hospital or nursing facility discharge, you will see extra Medicare pay for [...]