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ADVANCE Outlook: Lab Professionals

Breaking News

Published July 17, 2008 8:39 AM by Kerri Penno
Competitive bidding has been repealed. Congress has voted to override President Bush's veto of H.R.6331, the Medicare Improvements for Patients and Providers Act. This effectively ends the San Diego competitive bidding demonstration and prevents all future demonstrations.

The bill will also replace the scheduled 10.6 percent cut in the Medicare Physician Fee Schedule with a 1.1 percent increase, and extend the technical component grandfather provision for 18 months retroactively from the July 1 cutoff, according to the College of American Pathologists STATLINE report.

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