Archive for The Day of February 28th, 2009

Archive for the Day of February 28th, 2009

Welcome to the medical billing blog archive for the day of February 28th, 2009.

Here you will find links to every article added to the Outsource Management Group web site during February 28th, 2009.

You can browse this day's archives by clicking the "More" button from any of the excerpts below.

Medical Billing Conversion Factor Cut 4.4 Percent

Medical Billing Conversion Factor Cut 4.4 Percent Medical billing reimbursements are looking dismal for 2006. Although inflation rises, the Medicare conversion factor will lower from 2005 to 2006. You may need to find other areas in your practice to compensate for medical billing reimbursement loss. In early November of 2005, the Centers for Medicare and Medicaid services released the 2006 fee schedule for physicians. The Medicare conversion factor, that has a lot to do with payment fee schedules, was slashed by 4.4%. The medical billing conversion factor and relative value units are the two major factors used in the schedule construction. In 2005 the conversion factor was 37.8975. This year,

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