Medicare Fee Ordeal- Continued

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.

Stay tuned.