Quote:
Originally Posted by Cato
Really? Do you have any links on the last time rates were cut? A friend of mine is an orthopedic surgeon. He told me he, and all the doctors he knows, will stop taking Medicare if the reduction stays.
I don't understand the software link.
How so?
I sometimes wonder.
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No, I don't have links but I was in the medical industry and saw it unfold real time in the 80's (its been repeated since I believe).
How it works is that on the claim the doc files he assigns code(s) to the services he performs. But there is more than one way to encode the work done. The software knows whats paid for what code and all about the various ways to code the same thing. It gins up the claim in the most profitable manner. Essentially the rate cut is negated or in some cases they get more. Bonus money for docs who invested in durable medical equipment, biggest scam in Medicare history !
Docs will get calls from software vendors, reassurance will win the day, life will go on.
Doubt it ? Have Medicare costs ever had a sustained period of down ? I kinda doubt it.