Medicare Physician Pay Reduction Averted…Temporarily
President Obama signed the Temporary Payroll Tax Cut Continuation Act of 2011 into law on December 23rd . Among other things, the legislation will avert the imposition of the 27.4% reduction in the Medicare physician fee schedule that was due to go into effect on January 1, 2012. The reprieve is only temporary, however. The […]
Imminent Withholding of Medicare Physician Payments Appears Likely
As of today, there still has not been a resolution of the threatened reductions to the Medicare payment rate which are scheduled to go into effect ten (10) days from now . As you are aware, the Medicare Sustainable Growth Rate will require reducing payments by over 27% as of January 1, 2012. While the […]
POLST Act Signed into Law
On December 21, 2011, Governor Christie signed the Physician Orders for Life-Sustaining Treatment Act (“POLST Act”). The POLST Act is designed to provide a mechanism for patients who (1) have advanced chronic progressive illness; or (2) a life expectancy of less than five years; or (3) who otherwise wish to further define their preferences for […]
Still No Action on Sustainable Growth Rate Fix
In a recent blog post, we have alerted our readers to the fact that the issues surrounding the Medicare Sustainable Growth Rate (SGR) formula remains unresolved. If Congress does not act prior to December 31, 2012, a reduction of approximately 27% in the Medicare fee schedule for physicians will automatically go into effect. In an […]