Medicare Cuts Payments by 21%

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With the failing of the Senate to repeal a bill that reduces reimbursements for Medicare, a 21% cut on payments to physicians went into effect March 1, 2010. Medicare is notifying their contractors to hold Medicare claims for 10 business days effective today. Claims will begin processing on March 15th with the reduced rates. There is still a chance that Congress may reverse this decision. Stay tuned.

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About Manny Oliverez - Medical Billing Company CEO

has years of healthcare, business and teaching experience. He has a passion for helping physicians get paid for the work they do. Manny likes to blog, act and cook. READ MORE

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