reimbursement rates
Medicare reimbursement rates to be cut 4.3%
The Centers for Medicare and Medicaid Services (CMS) said it will cut physician reimbursement rates by 4.3 percent on Monday. CMS said the cuts are necessary because of recent increases in overall Medicare spending. Under US law, payments to physicians and other healthcare providers must be adjusted downward to help control spending as the program's overall costs increase. The announcement had been anticipated by doctors groups, which have warned that many doctors may reduce the number of …
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