Tom aka Rusty Rustbelt
Medicare Fee Ordeal – Continued
As of Friday the Senate has passed a six (6) month patch to counter the Sustained Growth Rate formula cuts directed at most physicians.
The average for all physicians was a 21% cut, with changes ranging from primary care (+6%) to cardiology (-42%).
The House will consider the patch next week, and is likely to pass the necessary legislation.
CMS contractors will process claims from June 1 forward – someday. This will really help cash flow in medical practices.