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Physician rates maybe be cut by 10% due in part to ASCs
Ambulatory Surgery Reimbursement Update, October 23, 2007
Medicare premiums for outpatient services will increase by only 3.1%, while physician rates will be cut by almost 10% in January, 2008, according to an article in the October 22 issue of American Medical News, which can be viewed on their Web site.
According to the article, "CMS officials said several factors were behind next year's nearly $3 increase in beneficiaries' monthly premiums. Estimated spending growth on physician-administered drugs, physicians' office laboratory services and ambulatory surgery center services each played a small role, as did growth in the home health and durable medical equipment sectors."
For more information, read the American Medical News article here.
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