Michael X. Repka, MD, vice chair of clinical practice at Wilmer Eye Institute (Johns Hopkins University) speaks on the institution's latest protocol changes allowing for the resumption of elective surgery as well as the adaptations clinicians have had to make in order to ensure the continuation of clinical practice at Wilmer Eye Institute.
Organizations representing ophthalmologists and other physicians' groups are urging Congress to find a solution this year to the flawed payment formula that requires physicians to take a 29.5% pay cut in January 2012.
Dramatic changes are coming to the way Medicare will pay physicians for their services, but savvy practices that voluntarily adopt the reporting procedures can financially benefit from incentives offered now.
After putting physicians on the brink of a massive pay cut 5 times during 2010, legislation has been passed that buys a year of stability while a better method is sought for paying those who treat Medicare patients.
As the Centers for Medicare and Medicaid Services prepares to implement a 23.5% pay cut on Dec. 1, physicians who treat Medicare patients are pleading with Congres to intervene and considering their options.