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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 [...]
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