Medicare Fees for CMT to Increase on July 1
Written by Editor   
Thursday, June 12, 2014 10:00 PM

On June 6, the Centers for Medicare and Medicaid Services (CMS) issued notification regarding updates to the 2014 Medicare Physician Fee Schedule Database (MPFSDB) that will go into effect on July 1, 2014. Included in the updates were new fees for Chiropractic Manipulative Treatment (CMT) codes 98940, 98941, and 98942.

Following the completion of the Chiropractic Medicare Demonstration Project in March 2007, CMS determined that the costs of this demonstration were higher than expected and they were required to recover $50 million over a 5-year period by deducting 2 percent from payments for chiropractic services. CMS has now determined that the costs are fully recovered; therefore, effective for dates of service on or after July 1, 2014, the 2 percent reduction for CPT codes 98940, 98941, and 98942 has been eliminated.  

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Source:  ACA Week in Review June 12, 2014