10 Medicare payment policy revisions you need to know

Chances are you haven’t been able to read through the nearly 1,200 pages that constitute the 2015 Medicare Physician Fee Schedule final rule released Oct. 31 and published last Thursday in the Federal Register. We’ve pulled out the 10 top payment policy changes discussed in this mammoth document that you need to know about.

Among the policy changes discussed in the top 10 list are:

• The sustainable growth rate formula calls for a 21.2 percent cut to physician payments, effective April 1.
• Continuing medical education will not be reported under the Physician Payments Sunshine Act.
• Proposed penalties under the value-based payment modifier will be scaled back.
• The timeline for submitting new codes and revaluations of services will shift.

Read the full list and get additional details about each policy change at AMA Wire®. Article from AMA Advocacy Update 11-20-14.