Medicare Physician Pay Cut Fix

President Obama signed the bill passed by Congress into law today that replaces the Medicare Physician pay cut of 21.2% with a pay raise of 2.2% through November.

CMS Extends Medicare Claim Hold Until June 18th

CMS will continue to hold the processing of Medicare claims until June 18 to allow for additional time for Congressional action on the Physician pay cuts that went into effect on June 1.

CMS Holds June Medicare Claims

CMS has instructed its claims processing contractors to hold Medicare claims submitted on or after June 1st for 10 business day with the expectation that Congress will restore the Physician Fee cut that went into effect on June 1st.