Crashland
03-27-2014, 04:29 PM
WASHINGTON--(BUSINESS WIRE)--Today, Council for Citizens Against Government Waste (CCAGW) President Tom Schatz released a statement expressing his disappointment in the passage by voice vote of H.R. 4302, a 12-month Medicare sustainable growth rate “doc fix” that will prevent a 24 percent reduction in Medicare physician reimbursement for another year. CCAGW specifically objected to a provision in the legislation that extends the delay of both the Centers for Medicare and Medicaid Services (CMS) two-midnight rule and the suspension of recovery audit contractor (RAC) audits until March 31, 2015. The year-long delay through September 30, 2014 had already cost taxpayers as much as $4 billion.
More: http://www.businesswire.com/news/home/20140327006451/en/Congress-Pushes-SGR-%E2%80%9CDoc-Fix%E2%80%9D-House-Strong#.UzSjhoXCMTs
AMA strongly criticized the bill's "temporary patch" to avoid a nearly 24 percent physician payment cut, arguing that "full repeal of the sustainable growth rate formula is the answer to strengthening the Medicare program, not another patch." In their statement, AHIMA called on members and other stakeholders to contact their representatives in Congress and ask them to take the ICD-10 provision out of the SGR bill, claiming that "another delay in ICD-10 will cost the industry money and wasted time implementing the new code set."
More: http://www.healthdatamanagement.com/news/House-Passes-SGR-Bill-Extending-ICD-10-Compliance-Date-by-One-Year-47598-1.html
I work in healthcare practice management IT solutions and I can tell you everyone in the industry is going crazy about this because of the ICD-10 delay. ICD-10 readiness has been a massive project and health care administrators across the board have already spent LOTS of money and resources on it to be prepared for the October 1 deadline, which was already the result of a previous delay. If this passes the Senate and becomes law it will send shockwaves...
More: http://www.businesswire.com/news/home/20140327006451/en/Congress-Pushes-SGR-%E2%80%9CDoc-Fix%E2%80%9D-House-Strong#.UzSjhoXCMTs
AMA strongly criticized the bill's "temporary patch" to avoid a nearly 24 percent physician payment cut, arguing that "full repeal of the sustainable growth rate formula is the answer to strengthening the Medicare program, not another patch." In their statement, AHIMA called on members and other stakeholders to contact their representatives in Congress and ask them to take the ICD-10 provision out of the SGR bill, claiming that "another delay in ICD-10 will cost the industry money and wasted time implementing the new code set."
More: http://www.healthdatamanagement.com/news/House-Passes-SGR-Bill-Extending-ICD-10-Compliance-Date-by-One-Year-47598-1.html
I work in healthcare practice management IT solutions and I can tell you everyone in the industry is going crazy about this because of the ICD-10 delay. ICD-10 readiness has been a massive project and health care administrators across the board have already spent LOTS of money and resources on it to be prepared for the October 1 deadline, which was already the result of a previous delay. If this passes the Senate and becomes law it will send shockwaves...