Fee Schedule Update:
Congress Passes Extenders Act to Keep CMS Fees Level in 2011
Published on Tue Jan 11, 2011
The Medicare payment 'roller coaster ride' isn't over yet. It's official! President Obama signed the Medicare and Medicaid Extenders Act (MMEA) of 2010 on Dec. 15, 2010. The bill, now law, will eliminate the 25 percent cut that medical practices were going to face effective January 1. Physicians cheered the news that they won't have to wait for the new Congress and Senate members to take their seats before determining whether a payment fix would take place. "The AMA welcomes bipartisan House passage of legislation to stop the Medicare physician payment cut for one year," said AMA president Cecil B. Wilson, MD, in a statement on Dec. 9. "Stopping the steep 25 percent Medicare cut for one year was vital to preserve seniors' access to physician care in 2011. Many physicians made clear that this year's roller coaster ride, caused by five delays of this year's cut, forced them to [...]