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Medicare Physician Pay Reduction Averted…Temporarily

December 28, 2011 | No Comments
Posted by Beth Christian

President Obama signed the Temporary Payroll Tax Cut Continuation Act of 2011 into law on December 23^rd . Among other things, the legislation will avert the imposition of the 27.4% reduction in the Medicare physician fee schedule that was due to go into effect on January 1, 2012. The reprieve is only temporary, however. The legislation postpones the imposition of the fee schedule reduction only until February 29, 2012. Physicians will need to continue to monitor the situation and its potential impact on their practice revenues.