Medicare update on 21% payment cut on June 1

Congress has not yet passed legislation to stop the 21% Medicare payment cut due on June 1.  Medicare has announced a 10 business day hold on claims with dates of service June 1 forward, if Congress does not pass new legislation by June 1 to delay the 21% payment cut.  The House is currently working on a new bill to stop the 21% cut for at least a couple of years, but there is still a lot of unrest about the new bill in both the House and Senate.  See link below on article about the new bill.

http://www.californiahealthline.org/articles/2010/5/28/house-dems-make-more-cuts-to-extenders-bill-vote-planned-for-friday.aspx

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