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Tuesday, March 12, 2013

ASNM news alert about Sequestration and how it might affect Medicare fees for Practitioners..!

News Alert from ASNM: The American Society of Neurological Monitoring,  about the so called Sequestration? and its effect on medicare fee
Possible Sequestration Effects on IONM Reimbursement
As many of you have seen in the national news, the automatic legislative sequestration cuts were allowed to take effect at midnight on March 1.  As a result, all healthcare providers, including Intraoperative Neurophysiologic Monitoring providers, may see a cut in their Medicare reimbursement beginning April 1. This will account for a 2% reduction in Medicare reimbursement to providers.

It is vital that IONM practitioners review any guidance they receive from their Medicare Area Contractors (MAC), consult their MAC website and review their Medicare fee schedules to keep abreast of any reimbursement changes ahead.  Also, the national media will be covering these reimbursement changes and whether or not our legislative bodies determine that these potential cuts are finally allowed to proceed.
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(The ASNM Legislative Watchdog Bulletin is a special service of The American Society of Neurological Monitoring meant for informational purposes only and does not imply any endorsement.  For further information or questions about this service, please contact us at watchdog@asnm.org.)
  
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