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.

Recent Videos
2 KOLs are featured in this series.
2 KOLs are featured in this series.
Experts highlight methods for optimally treating patients with genitourinary cancers harboring variant histologies at World GU 2025.
Generally, the communication in academic oncology institutions is favorable; however, when oncologists and pathologists become busy, specimens may be sent to reference laboratories.
Related Content