Medicare Cuts Averted!
Congress raises Medicare payments by 2.2% thru November 30th....21% cut averted.
The House voted late Thursday afternoon (June 24th) to adopt a Senate-passed Medicare physician pay increase of 2.2% through November 30th, 2010, temporarily reversing the 21% cut Medicare contractors began applying to claims earlier this week.
It is unknown at this time how the unpaid claims already in process will pay until CMS provides carriers with direction. When this has been determined, it will be posted.
Unfortunately this fix is just until November 30,2010, which means on December 1st, we may see a 23% decrease in the fee schedule.