Small Business Administration (SBA) loans to doctors have increased more than ten-fold in the past decade, according to a report on CNNMoney.com (Doctors living on loans, 1-20-12). SBA says loans to physician offices rose from less than $60 million in 2001 to $675 million in 2011.
The NCMS joined with 47 physician organizations this week to ask Congress to repeal Medicare’s sustainable growth rate (SGR) formula by using excesses from Overseas Contingency Operations (no longer needed for wars in Iraq and Afghanistan).
Physician organizations, including the NCMS and other state medical societies, have asked the Centers for Medicare and Medicaid Services (CMS) for written public policy guidance on how patients enrolled in Medicare may obtain reimbursement for covered services provided by physicians who are not enrolled in Medicare and bill their patients directly.
Palmetto GBA (Government Business Administration) has informed the NCMS that the problem causing claims denials for Medicare patient office visits handled by physician assistants (PAs) and nurse practitioners (NPs) should be fixed this week.
