Part B Payment: Congress Reaches Tentative Deal to Avert 27 Percent Medicare Cut

However, 10 month delay will only push payment formula problems to 2013.

If you were biting your nails waiting for news about potential Medicare cuts coming your way on March 1, Congress offered good news and bad news by coming to an agreement just before legislators took a week-long recess, reports out of the Capitol indicate.

The good news: Under the agreement (which as of press time had not been finalized), you won't have to deal with a massive conversion factor cut that would have slashed the Medicare conversion factor from the current $34.0376 to just $24.6712, which was due to take [...]

- Published on 2012-02-17