Date:2/26/2010

Drastic 21 percent Medicare physician payment cut will take place on Monday, March 1

WASHINGTON, Feb. 26 /PRNewswire-USNewswire/ -- A Medicare meltdown now seems certain, as the U.S. Senate has left early for the weekend, abandoning seniors, military families and baby boomers. The Senate failed to repeal the Medicare physician payment formula that will cause a drastic 21 percent payment cut to physicians who care for Medicare and TRICARE patients. On Monday, the 21 percent cut goes into effect, forcing physicians to consider the difficult decision to limit the number of Medicare and TRICARE patients they see in order to keep their practice doors open.

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SOURCE American Medical Association Copyright©2010 PR Newswire. All rights reserved

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