Delay in Medicare Cuts

accountingMany independent NP practices are concerned with the proposed changes in Medicare reimbursement. At this time, it stands at -21.2% of the physician allowable. Of course, for NPs and PAs that figure is a bit more.  The good news is the proposed cuts in payment have been delayed until March 1, 2010.

In terms of the elimination of the consultation codes, there does not seem to be any changes. Those codes will be eliminated as of January 1, 2010.

In order to see where you will stand in terms of reimbursement, visit the website of your local fiscal intermediary and download the most recent fee schedule. Dont’ know who you intermediary is? You can find it here – Medicare Intermediary , which is a PDF file and will have all the contact information for your region.

Smart offices will have been looking at this information and trying to assess what changes, if any, they will need to make in 2010. How will this affect your office and your patients, and how to you think you will respond? Feel free to leave your comments below.

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