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Rejoice in a 1-Year Medicare Pay Fix

Published on Mon Jan 17, 2011

If you aren't e-prescribing in 2011, you'll face pay cuts next year, CMS says.You won't face the same nail-biting payment woes in 2011 as you did in 2010, thanks to a Senate Finance Committee bill that will keep Medicare reimbursements for the next 12 months at rates similar to the last half of 2010.Stop Worrying About a 25 Percent CutThe House of Representatives passed the Medicare and Medicaid Extenders Act of 2010 on Dec. 9, 2010, following ratification by the Senate the day before. President Obama signed the bill on Dec. 15. This bill eliminated the 25-percent reimbursement cut that medical practices would have faced on Jan. 1, 2011.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 [...]
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