Congress passes law to halt the 10.6% Provider Reimbursement Cuts in Medicare

Congress voted today, July 15^th, and passed a law that not only stops the 10.6% Medicare cuts, but it also includes a 1.1% increase for 2009. Today also ends the 10 day hold CMS had instructed Medicare carriers to impose on all claims with dates of service after July 1^st. This means that Medicare health care providers will not have to take a substantial pay cut for servicing Medicare providers.