The anticipated Medicare physician pay cut has been postponed again. At this time it's scheduled to go into effect on June 1st. According to FierceHealthcare,Read more: http://www.fiercehealthcare.com/story/medicare-reimbursement-cut-postponed-again/2010-04-16?utm_medium=nl&utm_source=internal#ixzz0leppGNmg
Although the pay cut technically went into effect April 1, the Centers for Medicare and Medicaid Services has held claims anticipating the Congressional move, which, in a house vote of 289-112, postponed the physician pay cut. The Senate voted, 59-38, to postpone the cut.
While the reprieve has led to a collective sigh in the physician industry, the American Medical Association is pushing that Congress adjust the equation that decides reimbursement rates so there aren't such large swings.
"It is impossible for physicians to continue to care for all seniors when Medicare payments fall so far below the cost of providing care," said J. James Rohack, MD, president of the American Medical Association, in a statement.
