New 2006 Payment Rate for Services Paid Under the Medicare Physician Fee Schedule
Congress is expected to pass legislation (i.e., the Deficit Reduction Act) which, among other things, changes the update to the 2006 conversion factor for services paid under the Medicare Physician Fee Schedule (MPFS). Congress is expected to replace the previously announced -4.4 percent reduction with a 0 percent update to the conversion factor for services paid under the MPFS. This instruction provides guidance to contractors in implementation and automatically reprocessing those claims paid at the -4.4 percent.
Final
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: February 01, 2006
DISCLAIMER: The contents of this database lack the force and effect of law, except as authorized by law (including Medicare Advantage Rate Announcements and Advance Notices) or as specifically incorporated into a contract. The Department may not cite, use, or rely on any guidance that is not posted on the guidance repository, except to establish historical facts.