Written by Reed Tinsley |
February 10, 2006
From Part B News (www.partbnews.com):
Part B News has learned Medicare’s 2006 conversion factor will match 2005’s exactly: $37.8975.
President Bush on Wednesday signed the Deficit Reduction Act, which froze your payments at the 2005 level, erasing the 4.5% conversion factor cut that had been in place since Jan 1. CMS says it will automatically reprocess claims you submitted since Jan. 1 and you can expect checks to come in batches, not just one big payment.
About the Author
Reed Tinsley CPA
This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on
accounting & tax,
practice management, and
financial planning.
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