Physicians will see a half of a percent overall increase in Medicare reimbursement in 2016 under the proposed physician fee schedule announced Wednesday by the Centers for Medicare and Medicaid Services (CMS). Specific decreases include gastroenterologists with a five percent reduction and radiation oncologists with a three percent pay cut. Pathologists are getting a large reimbursement increase at eight percent. The proposed fee schedule, which will be finalized this fall, is the first to be issued since Congress repealed the much-abhorred sustainable growth rate (SGR) payment formula in April. Medicare’s fee schedule has a significant effect on group health and workers’ comp fee schedules in some states.
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