March 31, 2014
BIG NEWS Everyone! It's all official!
Motion Passes in Senate - ICD-10 Delayed to 2015
The Senate has just approved H.R. 4302 (Doc fix) bill to, amongst other things, delay the ICD-10 implementation date to October 1, 2015.
Although there is another 12 month delay, this should not mean that you stop
your ICD-10 education training.
Without a single mention of ICD-10, the Senate has pushed back the compliance
date for the next code set by a full year with the passing of legislation aimed
at providing a one-year patch for the Sustainable Growth Rate (SGR). This also
means the 24% in Medicare physician payment cuts will be delayed for another
year and come up for vote again in 2015.
But the bill the Senate passed Monday does more than simply delay the
SGR's planned cuts, including:
Delays till Oct. 1, 2015, the switch to ICD-10
Provides a 0.5% Medicare pay bump over that 12-month period
Revalues certain physician payment codes
Creates a program designed to promote proper use of diagnostic tests and
treatments and discourage their overuse
Authorizes a multistate pilot program designed to raise standards for mental
health services and improve integration of care
The legislation also delays a requirement for hospitals to comply with the
"two-midnight" rule for inpatient reimbursement, and pushes back recovery
audits of allegedly unnecessary claims until March 2015.
Monday's patch is the 17th patch to the ill-designed SGR formula.
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