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Medicare Payment Update

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What a difference a day makes. On Wednesday, December 8th, the Senate passed the

Medicare and Medicaid Extenders Act of 2010 and this bill was passed by the

House of Representatives today, December 9th. The President is expected to sign

the bill into law immediately. The bill stops the scheduled 25% reduction in

payments for therapy services under the Medicare Physician Fee Schedule and

extends the therapy cap exception process for all of 2011. This means providers

of therapy services will be reimbursed at the same rate in 2011 as they were in

2010 except for the 4%-6% negative impact as a result of the Multiple Procedure

Payment Reduction policy.

Rick Gawenda, PT

President/CEO

Gawenda Seminars & Consulting

www.gawendaseminars.com

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