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Medicare reimbursement hold starts Friday

Ambulatory Surgery Reimbursement Update, September 20, 2006

The temporary 9-day freeze of Medicare reimbursements to physicians, hospitals, and other providers begins Friday, September 22. The hold will move nearly $5.2 billion in Medicare expenses into the next fiscal year.

As reported in last week's Ambulatory Surgery Regulatory Update, the shifting of reimbursement allowed Congress to avoid a scheduled 4.4% reduction in Medicare payments this year.

Any providers affected by the delayed reimbursement will receive payments in full after October 1, but the federal government will not pay interest.

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