Expected Medicare reimbursement cut brings uncertainty U.S. senator's proposal could bring payment stability to physicians
With many already facing financial uncertainties, physician practices nationwide are now bracing for Medicare’s proposed 10.6% cut to physician payments set to take effect in July.
Although, as in years past, Congress may avert the cut for now, another 5.4% cut is scheduled for January 2009. As long as the sustainable growth rate formula remains in effect, providers will continue to face this threat to their income and prepare for the worst.
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