President Signs Short-Term Medicare Physician Fee Schedule Fix, Outpatient Therapy Policy Update
On November 30, 2010, President Obama signed into law H.R. 5712, “The Physician Payment and Therapy Relief Act of 2010.” The law continues current temporary Medicare physician fee schedule rates through the end of 2010, avoiding a steep cut previously scheduled for December 1, 2010, financed by adopting – with modification – CMS’s new multiple procedure payment reduction policy for outpatient therapy procedures for 2011. For more information on the legislation, see our earlier article.