Update: Scheduled 21 percent Medicare Physician Payment Cut to be Implemented
(February 26, 2010)
As a result of U.S. House and Senate negotiators failing to reach
consensus, the pending 21 percent Medicare physician payment cut will
be implemented on March 1st. The implementation is expected to be
Over the last few
days, Senate negotiators attempted to advance a 30-day “patch” as part
of legislation to extend a series of expiring tax provisions. This
“extenders” package was blocked from consideration by Senator Jim
Bunning (R-KY). Senator Bunning objected to the package for budgetary
The House of
Representatives successfully passed a 30-day “patch” as part of its
“extenders” package, H.R. 4691, the Temporary Extension Act of 2010,
the evening of February 25th.
advancing legislation to avoid the 21 percent payment cut are expected
to continue over the weekend and into early next week. Senate Majority
Leader Harry Reid has crafted an “extenders” package that includes a
7-month physician payment “patch.” It is expected he will attempt to
advance the proposal Tuesday, March 2nd.
Medical Association has informed medical specialty organizations that
the Centers for Medicare and Medicaid Services (CMS) intends to notify
their contractors to hold Medicare physician claims for 10 additional
business days, effective Monday, March 1st.
ASA continues to push for a full repeal of the
current SGR formula and the implementation of a new Medicare physician
payment update mechanism that accurately reflects the increasing annual
costs of providing services to Medicare beneficiaries.
THE AMERICAN SOCIETY OF ANESTHESIOLOGISTS
Founded in 1905, the American Society of Anesthesiologists (ASA) is an educational, research and scientific society with more than 52,000 members organized to raise and maintain the standards of the medical practice of anesthesiology. ASA is committed to ensuring physician anesthesiologists evaluate and supervise the medical care of patients before, during and after surgery to provide the highest quality and safest care every patient deserves.
For more information on the field of anesthesiology, visit the American Society of Anesthesiologists online at asahq.org . To learn more about the role physician anesthesiologists play in ensuring patient safety, visit asahq.org/WhenSecondsCount. Like ASA on Facebook , follow ASALifeline on Twitter and follow ASA on LinkedIn .