Contents tagged with payment
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Congress averts fiscal cliff, staves off Medicare physician pay cut
Once again waiting until the last minute, Congress passed a bill on New Year’s Day that averts the fiscal cliff, delays sequestration provisions for two months, and staves off the 26.5 percent cut in Medicare physician pay for another year.
The fiscal cliff agreement increases revenue largely by targeting married couples earning more than $450,000 a year and single people earning more than $400,000 a year by raising rates for wages and investment profits, but shields those earning less than $250,000 a year from income tax increases, the Washington Post reports.
As TAFP reported in the weeks leading up to this agreement, Congress had to find roughly $30 billion to pay for a one-year patch to the sustainable growth rate formula and considered reversing the Medicaid primary care bonus to offset the cost. Modern Healthcare reports (free registration required) that cuts will come from other Medicare programs, most of which affect hospitals, pharmacies, and dialysis clinics. The primary care bonus appears to be intact.
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Learn about payment reform models with TAFP online videos
Learn about payment reform models with TAFP online videos
posted 05.10.12
Last fall, TAFP held a summit on various payment reform models physicians should consider as the country moves away from … more
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Congress passes another one-month SGR reprieve
Congress passes another one-month SGR reprieve
posted 12.01.10
It’s official: Congress has approved a one-month extension of Medicare physician payment rates, once again postponing a double-digit … more
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Medicare to cut physician pay by 21.3 percent unless Congress acts
Medicare to cut physician pay by 21.3 percent unless Congress acts
posted 05.27.10
Physician fees for Medicare services will be slashed by 21.3 percent on June 1 unless both houses of Congress … more
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Final budget plan cuts $64 million in physician payments for Medicaid and CHIP
Final budget plan cuts $64 million in physician payments for Medicaid and CHIP
posted 05.24.10
The results are in. After asking all state agencies to submit plans to reduce their spending by 5 … more
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Congress approves Medicare payment patch through May 31
Congress approves Medicare payment patch through May 31
posted 04.15.10
Congress has passed and President Barack Obama has signed a Medicare physician payment bill that extends the 2009 payment … more
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21.2 percent Medicare physician fee cut to go through April 1
21.2 percent Medicare physician fee cut to go through April 1
posted 03.29.10
The U.S. Senate has again failed to avert a 21.2 percent reduction in physician payments in the Medicare program, … more
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Congress to delay Medicare pay cut until April 30
Congress to delay Medicare pay cut until April 30
posted 03.18.10
For the third time in the last four months, congressional lawmakers have postponed a scheduled 21.2 percent cut in physician … more
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Senate postpones Medicare cut until March 31
Senate postpones Medicare cut until March 31
posted 03.03.10
The lone holdout in the Senate gave up his filibuster late Tuesday night, allowing the passage of a stopgap emergency spending measure … more
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Senate abandons effort to block Medicare physician fee cut
Senate abandons effort to block Medicare physician fee cut
posted 02.26.10
The U.S. Senate has failed to avert a 21.2 percent reduction in physician payments in the Medicare program, meaning the … more