INDUSTRY NOTES ~ Valentine's Day Is Your Deadline For Medicare Enrollment
Published on Mon Jan 01, 2007
CMS expects contractors to be able to handle paying claims at the correct 2007 rates from the start of this month, with no delays or problems, the agency said in a "backgrounder" on the legislation that did away with this year's 5-percent cut.
But payments won't be the same as in 2006 because of the boost to work relative value units (RVUs) for evaluation & management codes and the 5-percent cut to other codes' work RVUs to compensate. Because of the revised payment rates, your doctor has until Feb. 14 to decide whether to be enrolled in Medicare as a participating physician, according to Transmittal 1131 (CR 5448).