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PQRI Information at PQRI.info |
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PQRI.info is now available for information on the Physician Quality Reporting Initiative. |
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ASP Payment decreased Part B Costs by $800M |
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Medicare Payment Advisory Commission (MedPAC) announced that there was a $800M decrease in Part B spending in 2005 as compared to 2004. They attribute this to a shift to an Average Sales Price payment system for physician-administered pharmaceuticals, coupled with declining prescription volumes. One concern raised in their report is that fewer patients have supplemental coverage, particularly in hospital cancer programs. MedPAC report, January 2007 |
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CMS extends Medicare participation decision date |
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CMS has extended the Medicare participation enrollment period. Physicians who wish to change their Medicare participation status for 2007 have until February 14 to do so. Changes in participation status will be effective January 1, retroactively if necessary, regardless of when the participation decision is made. |
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