As expected Congress is in process of averting the 27% pay cut and replacing with (drum roll please) a flat rate increase; i.e., 2012 will see the same rates as 2011. This is ANOTHER temporary fix only good through December of this year. This means the roller coaster will begin again next January. All the formal voting must take place but it looks like this should pass with out issue. As we’ve said earlier, make certain any payers paying a percentage of Medicare are using the 2011 schedule and NOT the proposed 2012. The Medicare conversion factor for 2012 is the same as it was in 2011; i.e., $34.0376.
Breaking News: Congress passes temporary fee fix
November 4, 2013