Maybe hold off on Allied Health

[superCOTA]

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In an effort to spread all that "hope and change" the current administration promised, it was announced that we are in for some reimbursement cuts.

http://www.aota.org/News/AdvocacyNews/2011-proposed-fee-schedule-rule-cuts.aspx


In addition to the projected 21.3% reduction in the fee schedule due to the Sustainable Growth Rate (SGR) formula used by CMS (which is currently delayed until November 30, 2010, with a longer or permanent fix ostensibly in the works), CMS has proposed fee schedule reductions of approximately 13% for outpatient therapy services via its multiple procedure payment reduction policy (MPPR).
The MPPR proposes to make full Medicare payment for the therapy service/unit with the highest practice expense (PE) value and then apply a 50% payment reduction to the PE component of all subsequent therapy services/units furnished to a patient on the same day. Deeply concerning is the fact that the proposal does not differentiate between occupational, physical, and speech-language therapy: only the single most expensive therapy service would be paid in full and all other types of medically necessary therapy services would receive a 50% reduction, even on days where a patient receives both OT and PT (for example).


We haven't seen any real increase in reimbursement in over a decade. Now we are going to get cuts.

Do keep this in mind when you decide what you want to do with your careers. And when you vote next year. Thanks.

Glad they made OT a mandatory Masters, so we 'raise' the bar, unless it's payday - then we get the SHAFT 😡

 

[OTHopeful2014]

In an effort to spread all that "hope and change" the current administration promised, it was announced that we are in for some reimbursement cuts.

http://www.aota.org/News/AdvocacyNews/2011-proposed-fee-schedule-rule-cuts.aspx


In addition to the projected 21.3% reduction in the fee schedule due to the Sustainable Growth Rate (SGR) formula used by CMS (which is currently delayed until November 30, 2010, with a longer or permanent fix ostensibly in the works), CMS has proposed fee schedule reductions of approximately 13% for outpatient therapy services via its multiple procedure payment reduction policy (MPPR).
The MPPR proposes to make full Medicare payment for the therapy service/unit with the highest practice expense (PE) value and then apply a 50% payment reduction to the PE component of all subsequent therapy services/units furnished to a patient on the same day. Deeply concerning is the fact that the proposal does not differentiate between occupational, physical, and speech-language therapy: only the single most expensive therapy service would be paid in full and all other types of medically necessary therapy services would receive a 50% reduction, even on days where a patient receives both OT and PT (for example).


We haven't seen any real increase in reimbursement in over a decade. Now we are going to get cuts.

Do keep this in mind when you decide what you want to do with your careers. And when you vote next year. Thanks.

Glad they made OT a mandatory Masters, so we 'raise' the bar, unless it's payday - then we get the SHAFT 😡

This is not good news👎. It's like almost all occupations are under attack. I have a friend that got her RN and she cannot find a job to save her life...still working as a medical secretary😡

 

[incidental]

In an effort to spread all that "hope and change" the current administration promised, it was announced that we are in for some reimbursement cuts.

http://www.aota.org/News/AdvocacyNews/2011-proposed-fee-schedule-rule-cuts.aspx


In addition to the projected 21.3% reduction in the fee schedule due to the Sustainable Growth Rate (SGR) formula used by CMS (which is currently delayed until November 30, 2010, with a longer or permanent fix ostensibly in the works), CMS has proposed fee schedule reductions of approximately 13% for outpatient therapy services via its multiple procedure payment reduction policy (MPPR).
The MPPR proposes to make full Medicare payment for the therapy service/unit with the highest practice expense (PE) value and then apply a 50% payment reduction to the PE component of all subsequent therapy services/units furnished to a patient on the same day. Deeply concerning is the fact that the proposal does not differentiate between occupational, physical, and speech-language therapy: only the single most expensive therapy service would be paid in full and all other types of medically necessary therapy services would receive a 50% reduction, even on days where a patient receives both OT and PT (for example).


We haven't seen any real increase in reimbursement in over a decade. Now we are going to get cuts.

Do keep this in mind when you decide what you want to do with your careers. And when you vote next year. Thanks.

Glad they made OT a mandatory Masters, so we 'raise' the bar, unless it's payday - then we get the SHAFT 😡

i wonder if this extends to the government like veteran affairs?

 

[asianlad]

In an effort to spread all that "hope and change" the current administration promised, it was announced that we are in for some reimbursement cuts.

http://www.aota.org/News/AdvocacyNews/2011-proposed-fee-schedule-rule-cuts.aspx


In addition to the projected 21.3% reduction in the fee schedule due to the Sustainable Growth Rate (SGR) formula used by CMS (which is currently delayed until November 30, 2010, with a longer or permanent fix ostensibly in the works), CMS has proposed fee schedule reductions of approximately 13% for outpatient therapy services via its multiple procedure payment reduction policy (MPPR).
The MPPR proposes to make full Medicare payment for the therapy service/unit with the highest practice expense (PE) value and then apply a 50% payment reduction to the PE component of all subsequent therapy services/units furnished to a patient on the same day. Deeply concerning is the fact that the proposal does not differentiate between occupational, physical, and speech-language therapy: only the single most expensive therapy service would be paid in full and all other types of medically necessary therapy services would receive a 50% reduction, even on days where a patient receives both OT and PT (for example).


We haven't seen any real increase in reimbursement in over a decade. Now we are going to get cuts.

Do keep this in mind when you decide what you want to do with your careers. And when you vote next year. Thanks.

Glad they made OT a mandatory Masters, so we 'raise' the bar, unless it's payday - then we get the SHAFT 😡

That's bad news. There is a huge reduction in the physician fee schedule this year because of our current economic condition. FYI: in 2002, the physician fee schedule update was -4.8% after the economy started to recover from the recession, better compared to the current rate. This year it is pretty high because the recession was pretty bad... It is just a temporary thing because each year they readjust the fee schedule. Don't lose hope!!!