Medicare Increases Payment Rates for Most Physicians

Publication
Article
Oncology NEWS InternationalOncology NEWS International Vol 10 No 1
Volume 10
Issue 1

WASHINGTON-Physicians will receive an average 4.5% increase in Medicare payment rates in 2001, the Health Care Financing Administration (HCFA) announced. Increases will range from nothing to 12%, depending on specialty.

WASHINGTON—Physicians will receive an average 4.5% increase in Medicare payment rates in 2001, the Health Care Financing Administration (HCFA) announced. Increases will range from nothing to 12%, depending on specialty.

Those paid under the classification hematology/oncology will receive a 6% payment increase; radiation oncologists will get 3%; and internal medicine physicians, 5%. Neurosurgeons received 1%, general surgeons, 2%; and obstetricians/gynecologists and urologists each received 6%.

Medicare payments will vary for specific services because the agency is in the midst of implementing a new payment system for physician practice expenses based on the resources involved in treating patients rather than on physician’s historical charges.

Newsletter

Stay up to date on recent advances in the multidisciplinary approach to cancer.

Recent Videos
Success with the 177Lu-PSMA-617 radioligand therapy would be transformative for the clear cell renal cell carcinoma treatment landscape.
5 experts are featured in this series
4 experts in this video
2 experts are featured in this series.
4 experts in this video
4 experts in this video
4 experts in this video
2 experts are featured in this series.
Related Content