Physicians have once again staved off a Medicare payment cut mandated this year by the sustainable growth rate formula that pegs physician payment rates to Medicare spending and the economy's growth. Legislation signed on June 25 by President Obama retrospectively averted a 21% payment cut that was to have taken effect June 1 and delayed it until November 30. To partially funded the $6.4 million temporary docfix, the new legislation includes provisions to the 72-hour rule to prevent hospitals from rebilling to correct inpatient claims that contain unrelated services as defined under current law.
Temporary Physician Payment Fix Includes 3-Day Rule Provisions Anonymous Healthcare Financial Management; Aug 2010; 64, 8; Docstoc pg. 10 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
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