Posts Tagged ‘Max Baucus’

Congress Reaches Deal on Extending Physician Fix Without Cutting Home Health

February 17, 2012

Congress has reached a deal on legislation that would extend the payroll tax holiday, extend unemployment insurance coverage, and rescue physicians from a 27 percent cut in their Medicare fees. The $150 billion package was worked out by House Ways and Means Chairman Dave Camp (R-MI); Senate Finance Committee Chairman Max Baucus (D-MT), House Speaker John Boehner (R-OH), and Senate Majority Leader Harry Reid (D-NV). (more…)

Congressional Negotiators Near Deal on Medicare “Doc Fix”

February 15, 2012

The Associated Press is reporting that congressional leaders of both parties praised an emerging deal Wednesday to extend a payroll tax cut and extra jobless benefits through 2012, but cautioned that bargainers still had to nail down final details. (more…)

Physicians Face Annual Threat of Medicare Payment Cuts

November 30, 2011

Should Congress not act before Jan. 1, physicians could face a 27 percent cut in fees for treating Medicare patients, the Associated Press reports.

The reduction is the result of a 1990s budget law that failed to control spending but was never repealed, the news agency said. Congress passes a temporary fix every year, only to grow the size of reductions required next time around. The super committee’s breakdown leaves the so-called “doc fix” unresolved with time running out. (more…)

Home-Health Firms Blasted: Senate Panel Alleges Big Providers Abused Medicare by Tailoring Patient Care to Maximize Profits

October 3, 2011

Published in The Wall Street Journal by John Carreyrou

An inquiry by the Senate Finance Committee has found that the nation’s three largest home-health companies tailored the care they provided to Medicare patients to maximize their reimbursements from the federal program.

The committee launched its investigationĀ following an article last year in The Wall Street JournalĀ that used Medicare-claims data to analyze the companies’ patterns of dispensing care. The article described how the companies’ Medicare patients received a high number of the most profitable home-therapy visits but few of the least profitable ones. (more…)