Medicare Rates Will be Cut 10.6 Percent on July 1, as Senate Fails to Pass Fee Fix
Senate Democratic leaders fell one vote short in their effort June 26 to pass the Medicare Improvements for Patients and Providers Act of 2008 (H.R. 6331). This means the 10.6 percent Medicare physician payment cut WILL go into effect on Tuesday, July 1. Some kind of fix could pass in the coming weeks, but in the meantime, CMS will implement the cut. The Academy will provide further information and guidance in the coming days, as the situation evolves.
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