Monday, January 14, 2008
The American Medical Association estimates that Texas physicians were saved $228 million – or $4,700 per physician – by the last-minute reprieve from the 10.5-percent cut in Medicare fees that was scheduled to take effect Jan. 1. Unfortunately, other changes in Medicare payment calculations mean that physicians in Austin, Dallas, Ft. Worth, and Houston may see little change or small payment reductions for most services. All of this is evidence of the need for a permanent fix. We have six months to help Congress develop a rational Medicare physician payment system that automatically keeps up with the cost of running a practice and is backed by a stable funding source. TMA has localized flyers in English and Spanish for you to hand out to your patients. County societies can order them from the TMA Media and Public Relations Department.
Posted by Steve Levine at 9:46 AM