Positive News About Medicare Sequestration
The Illinois Chiropractic Society called our members to action last week regarding Medicare Cuts, and both the House and the Senate have responded. Read the article to learn more!
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Medicare Cuts Coming April 1st Without Action from U.S. Senate!
The Consolidated Appropriations Act of 2021 postponed the Medicare sequester moratorium and reimbursement cuts for an additional three months until March 31, 2021. Contact Your Congressperson About H.R. 1868 TODAY! Read the article to learn more!
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Time of Service Discounts
One of the most frequent questions asked of ICS staff is whether there are legal obstacles to offering discounts to patients who pay in cash at the time of service, often called “time of service discounts.”
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A Simple Check that Can Save Thousands (and Prevent Sanctions)
Federal law gives authority to the Office of Inspector General (OIG) to impose Civil Monetary Penalties to practices that hire an employee/contractor who has been excluded from Medicare (or other federal programs). If the employee/contractor is involved in any part of service to the Medicare (or other federal program) patient, it can create a penalty liability as much as $10,000 PER service rendered.
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Medicare Releases New 2021 Fee Schedule
CMS announced the release of the new 2021 fee schedule that takes into account the Congressional changes from the late December omnibus budget and relief bill. Fortunately, we received a one-year reprieve from the drastic cuts previously planned.
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