The above headline may appear ominous, but it’s not as bad as it sounds.
On December 1, 2020, CMS intended to decrease the 2021 Medicare Physician Fee Schedule (MPFS) by 10.20%. However, Congressional action at the end of December increased the 2021 MPFS by an average of 3.75%.
How does this specifically affect services provided by physiatrists in acute care rehab facilities?
The specific CPT codes used for acute care rehab services will decrease by approximately 2 to 2.5%, depending on the state where the services are performed.
Based on discussions with clients, they are not thrilled by the reduction . . . but they also note that a reduction of 2% to 2.5% is a lot better than the original 10.20%!
This article was contributed by Bruno Stillo, Physiatry Billing Specialists, 800-835-4482, [email protected]
PHYSIATRIST TURNED AUTHOR!
Steve Gnatz, MD, is a physiatrist who has turned author! He recently penned a historical fiction novel The Wisdom of the Flock: Franklin and Mesmer in Paris. Per amazon.com, it’s 1776 and Benjamin Franklin sails to Paris, carrying a copy of the Declaration of Independence, freshly signed. His charge: gain the support of France for the unfolding American Revolution. Yet Paris is a city of distractions. Ben’s lover, Marianne Davies, will soon arrive, and he yearns to rekindle his affair with the beautiful musician. Dr. Franz Mesmer has plans for Marianne too. He has taken Parisian nobility by storm with his discovery of magnétisme animale, a mysterious force claimed to heal the sick. Marianne’s ability to channel Mesmer’s phenomena is key to his success. A skeptical King Louis XVI appoints Ben to head a commission investigating the astonishing magnétisme animale. By nature, Ben requires proof. Can he scientifically prove that it does not exist? Mesmer will stop at nothing to protect his profitable claim. The Wisdom of The Flock explores the conflict between science and mysticism in a time rife with revolution, love, spies, and passion.
REMINDER – IMMEDIATE RELEASES OF NEW PRACTICE OPPORTUNITIES
If you’d like to receive immediate release of new practice opportunities, please sign up at my website at www.farrhealthcare.com. The upper left hand side has a place where you can enter your email address.
About once every week or two, you will receive an email about any new practice opportunities. More information about the new practice opportunities may be found by clicking on the Openings tab on the Farr Healthcare website. Even more information is available by contacting Farr Healthcare, Inc. at [email protected], 888-362-7200.
REMINDER – THANK YOU REFERRAL BONUS
As a thank you, Farr Healthcare, Inc. continues its referral bonus program.
Any doctors you refer to me for a particular opportunity who ultimately start work at that opportunity, Farr Healthcare, Inc. will provide you with a $1,000 as a thank you.