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Pediatric Coding Alert

Pediatric Payment:

Proposed 2013 Fee Schedule Offers Five Percent Raise for Pediatricians

Published on Tue Jul 31, 2012

Plus: Additional payments for hospital transitions could boost your income if finalized. CMS--the governing body that oversees Medicare and Medicaid--is offering an innovative new approach to medicine that offers some good news for pediatricians if it's finalized by the end of this year. On July 6, CMS released its proposed Medicare Physician Fee Schedule for 2013. The 760-page document, which will be published in the July 30 Federal Register, offers a glimpse into how the agency would calculate Medicare pay rates for the coming year. Although pediatricians do not see Medicare patients, the Fee Schedule is important because many private payers follow Medicare's lead when setting rates. Five Percent Pay Raise Would Benefit Pediatricians CMS is proposing a five percent payment increase for pediatricians and internal medicine physicians, and a seven percent increase for family practitioners. "Helping primary care doctors will help improve patient care and lower health [...]
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