Massive Medicare Reductions in Physician Reimbursement Loom
By: Justin Vaugh, CPC, M.Div
Director of Compliance

The Medical Group Management Association (MGMA) published the following statement today:

The newly-released 2011 Medicare final physician fee schedule indicates that physician payments will be reduced by approximately 23 percent on Dec. 1.  Additional cuts effective Jan. 1 will result in a cumulative cut of approximately 25 percent from current levels unless Congress intervenes.

Medac will continue to keep you updated on the status of these scheduled cuts.  Hopefully, Congress will intercede once more to prevent such draconian reductions from ever taking place.  However, Medac continues to urge you to contact your elected representatives in Washington and express your views on this issue.  The ASA website contains additional information on how you may get involved in the advocacy process.

The information presented herein reflects general information that is current as of the date it was first published.  In light of changes that may occur in the health care regulatory and compliance environments, the author's presentation of this information might become outdated.  Please check with your individual legal and/or compliance advisor(s) prior to taking any significant actions based upon the information and advice presented.