TITLE

CMS Slashes 2012 Conversion Factor by Over 27 Percent Vs. Current Rates

PUB. DATE
August 2011
SOURCE
Medicare Compliance & Reimbursement;8/21/2011, Vol. 37 Issue 22, pp169
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of the U.S. Centers for Medicare & Medicaid Services (CMS) in slashing the conversion factor for Medicare payments, amounting to 27%. It states that CMS acknowledge the large cut and determined to work with Congress to mend the situation so doctors and beneficiaries will not worry about the adequacy and stability of their payments. Also noted is the 2012 Physician Fee Schedule conversion factor, which is 24.6712 dollars.
ACCESSION #
69719146

 

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