Advanced Search

Urology Coding Alert

Fee Schedule News:

Start Hoping for Congress to Step In, Or You'll Face a 27 Percent Pay Cut

Published on Mon Nov 21, 2011

The wait-and-worry game starts now.Get ready for another year of nail-biting to find out whether your Medicare payments will be dramatically reduced. "The calendar year 2012 Physician fee schedule conversion factor is $24.6712," notes the Physician 2012 Medicare fee schedule Final Rule, printed in the Federal Register that was published on Nov. 1. This amounts to a dismal 27.4 percent cut compared to the current rate of $33.9764. Here are the details you need to know to start bracing for the looming cuts.Hope that Congress Steps in to Alter CutsCMS 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 [...]
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

Urology Coding Alert

View All