Physicians Face Sharper Decrease in Payments

[CAL/AAEM News Service]

Physicians Face Sharper Decrease in Payments

Source: American Association of Medical Colleges ( http://www.aamc.org )
Date: November 2, 2007


The Centers for Medicare and Medicaid Services (CMS) Nov. 1 released the final rule for
the 2008 Physician Fee Schedule payments. The final update to the physician fee
conversion factor will decrease by 10.1 percent, more than the projected 9.9 percent
decrease mentioned in the proposed rule. The formula for updating the physician fee
schedule is set in law and cannot be modified without legislative action from Congress.

Additionally, CMS confirmed it would fund 2008 physician payment and quality initiatives
using the $1.35 billion pool created in the Tax Reform and Health Care Act of 2006 (TRHCA).

Abid Mogannam &
Brian Potts MD, MBA
Managing Editors, CAL/AAEM News Service
University of California, Irvine

The CAL/AAEM Archives are available at: http://maillists.uci.edu/mailman/public/calaaem/



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