Hot Topics from the KMC University Helpdesk | January 5, 2021
Finally, regarding the reimbursement cut approved by the Centers for Medicare and Medicaid Services (CMS) earlier, Congress added an additional $3 billion to the Physician Fee Schedule (through new subsection (t) at SSA 1848), which would be applied in 2021 only and increase fee schedules by 3.75 percent. In essence, the 10 percent cut in the PFS that has been assigned to chiropractors is now a 6.25 percent decrease.
ACA has been active this past year in working to alleviate the cuts through a varied coalition of provider groups. Support for legislation in both the House of Representatives and the Senate for legislation addressing this issue remains high and we expect further collaborative work to continue next year.
Once the relief bill is signed, how to apply for these additional funds will be determined in the following days, so stay informed via ACA social media and our COVID-19 webpage.
What’s going on at KMC University? Here’s your weekly update on everything new and exciting. Keep us bookmarked to check in regularly!