Medicare Compliance & Reimbursement

Medicare cuts are on the back burner for now, but will be on the docket if future cuts are needed. Government representatives worked long hours to create a debt ceiling deal to remedy the country's fiscal issues, and the deal offered both good news and bad news for Medicare providers. The agreement (which was signed into law on Aug. 2) does not impact Medicare pay as part of its first round of cuts, but if the government can't find anywhere else to save money down the road, round two will kick in -- and that could lead to an automatic two percent cut to Medicare providers. Those who worked on the deal -- the White House and Congressional leaders -- have repeatedly announced that the deal will not affect benefits to Medicare and Medicaid recipients. However, if Medicare pay is cut another two percent on top of the already proposed 29.5 percent cuts [...]