Advanced Search

Oncology & Hematology Coding Alert

2011 Fee Schedule:

Will CMS Slash 2011 Conversion Factor by Over 30 Percent Versus Current Rates?

Published on Tue Nov 09, 2010

Oncology RVUs should stay close to 2010 levels.Another season of nail-biting is under way, waiting to find out whether your Medicare payments will be slashed.As most practices know, last June Congress voted not only to stave off a 21 percent cut to your Medicare pay, but also to increase your revenue by 2.2 percent. However, that vote only kept the cuts at bay through November 30. Effective December 1, your Medicare pay was set to drop by over 23 percent, unless Congress intervened to reverse the cuts.As of publication time, the Senate and House had passed, and the President had signed into law, a measure to delay Medicare's 23 percent cut to the fee schedule conversion factor due to take effect Dec. 1. The delay pushes the possible cut to 2011 for payments with dates of service after Dec. 31, 2010. There are rumblings that another one-year patch to [...]
You’ve reached your limit of free articles. Already a subscriber? Log in.
Not a subscriber? Subscribe today to continue reading this article. Plus, you’ll get:
  • Simple explanations of current healthcare regulations and payer programs
  • Real-world reporting scenarios solved by our expert coders
  • Industry news, such as MAC and RAC activities, the OIG Work Plan, and CERT reports
  • Instant access to every article ever published in your eNewsletter
  • 6 annual AAPC-approved CEUs*
  • The latest updates for CPT®, ICD-10-CM, HCPCS Level II, NCCI edits, modifiers, compliance, technology, practice management, and more
*CEUs available with select eNewsletters.

Other Articles in this issue of

Oncology & Hematology Coding Alert

View All