SGR coupled with other cuts yields 30% drop for 2011
Effective Nov 11, 2010
Published Nov 11, 2010
Don't be fooled when you see CMS and other medical societies stating the sustainable growth rate (SGR) will drop Medicare payments by 25% in 2011. The real number is a 30.78% decrease (PBN 11/8/10). The 2011 SGR cut, coupled with delayed cuts from previous years and other payment factors, will drop the 2011 conversion factor used to calculate your Medicare payments to $25.5217, CMS confirmed with Part B News on Nov. 8.
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