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Monday, November 3, 2008

IT’S OFFICIAL; MEDICARE PAYMENTS TO GO UP 1.1 PERCENT NEXT YEAR

Medicare posted the notice of new payment rates for 2009. As part of the big congressional battle we won this summer, payments will rise 1.1 percent – rather than drop the scheduled 5.4 percent. Physicians also can earn bonuses of 2 percent each for using electronic prescribing and for participating in the Physician Quality Reporting Initiative (PQRI). TMA has tools to help you integrate both e-prescribing and PQRI into your practice. But we also have our work cut out for us. If Congress doesn’t rewrite the Medicare financing schema this year, payments rates will plummet by more than 20 percent in 2010. Our updated Texas Medicare Manifesto explains TMA’s principles for fixing this ever-worsening dilemma.

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