The really bad news: Medicare rates will be cut by 10.1 percent as of January 1 – unless Congresss stirs and reverses it. Call and write your Congressional representative and Senator today – and follow up with them.
From our friends at CMS, published today:
The Centers for Medicare & Medicaid Services (
CMS) today issued a final physician payment rule designed to improve accuracy of Medicare payments and give physicians and health care professionals additional financial incentives to provide higher quality and value in the delivery of care.
Under the new rule, Medicare estimates that it will pay approximately $58.9 billion to about 900,000 physicians and other health care professionals. The revised payments, quality incentive rates and related policy changes, which will become effective January 1, 2008, are included in the Medicare Physician Fee Schedule (MPFS) final rule. The rule went on display today at the Federal Register.
The final rule, effective for services on or after January 1, 2008, will go on display today and will be published in the Federal Register on November 27, 2007. The rule can be found at https://www.cms.hhs.gov/center/physician.asp .
To view the entire CMS Press Release issued today, go to http://www.cms.hhs.gov/apps/media/press_releases.asp on the CMS website.