Pediatric Coding Alert

2012 Medicare Fee Schedule Cuts Could Affect Pediatric Pay

Many private payers follow these trends, so keep an eye on this issue as the year progresses.Medical practices are prepping for another year of nail-biting to find out whether Medicare payments will be dramatically reduced--and believe it or not, this could impact pediatricians. "The calendar year 2012 Physician fee schedule conversion factor is $24.6712," notes the 2012 Medicare Physician fee schedule Final Rule, printed in the Federal Register. This amounts to a dismal 27.4 percent cut compared to the current rate of $33.9764. CMS acknowledges that this massive cut may not be set in stone, stating, "While Congress has provided temporary relief from these reductions every year since 2003, a long-term solution is critical. We will continue to work with Congress to fix this untenable situation so doctors and beneficiaries no longer have to worry about the stability and adequacy of their payments from Medicare under the Physician [...]
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 Revenue Cycle Insider
  • 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

Other Articles in this issue of

Pediatric Coding Alert

View All