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Are you prepared for Medicare Payments to drop by 30% with the new 2011 Physician Fee Schedule
If your like most physicians, falling under the 'bell curve' of E&M coding for 99203 and 99213, how will you be effected by the drastic cuts set for December 1, 2010, approximately 23% less than what you are being paid now, and another 5% to 6% drop on January 1, 2011?
As an example, currently, CPT 99213 is being reimbursed by Medicare at $66.74, on December 1, 2010, it is scheduled to change to $51.38 (a reduction of $15.36), and on January 1, 2011, it is scheduled to be paid at $48.86.
How are you going to survive and prosper? Contact Medbizonics today, at 866-935-1946, to learn how we can assist through Technology, Outsourcing, Revenue Cycle Management, and Consulting.
