A new regulation announced Thursday by the US Department of Health and Human Services establishes Electronic Funds Transfers (EFT) standards that, when implemented by health plans, will save physician practices and hospitals between $3 billion to $4.5 billion over the next ten years.
The Centers for Medicare and Medicaid Services (CMS) is currently developing the 2012 Medicare Physician Fee Schedule (MPFS) to implement the zero percent update that was included in the Temporary Payroll Tax Cut Act signed by President Obama on December 23, 2011.
Get more information on the 2012 Medicare participation enrollment extension; the status of CMS’s feedback reports; important changes in Medicare for 2012; and NC physicians named as innovation advisors to CMS.
