President Obama has signed into law the Protecting Access to Medicare Act of 2014 which prevents a scheduled payment reduction for physicians and other providers who treat Medicare patients from taking effect on April 1, 2014. The law maintains the 0.5 percent update for those services that applied from January 1, 2014 through March 31, 2014 for the period of April 1, 2014 through December 31, 2014. In addition, it provides a zero percent update to the 2015 Medicare Physician Fee Schedule (MPFS) through March 31, 2015.
For providers, the impact of ICD-10 is widespread. Stakeholders will be regrouping to determine how to proceed in regards to education, training, documentation, electronic medical records, billing, auditing, quality reporting and compliance.
Please see the CMS MLN Connects Weekly Provider eNews website for reference