CMS is looking to implement a new direct pay model.
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Bye bye Medicare fee schedule? CMS is looking to launch a new direct pay model. This would allow Medicare recipients to pay physicians directly, thus avoiding the Medicare fee schedule. This fee schedule puts limits on what physicians can bill for, and how much Medicare will pay for those services. The funds would be made available to beneficiaries up front, allowing them to pay their physicians as services are rendered. This would also be beneficial for services that are not presently covered under Medicare thus allowing patients to use their insurance as they please.
This new model would allow physicians to be more accountable for the costs and quality of services. It would also allow doctors to focus on their patients, as opposed to focusing on the administrative needs such as paperwork and chart notes. Thus improving patients health and satisfaction with their care.
This new model has been developed based off of the thousands of comments CMS recieved last year on what new priorities CMS should persue. If you’re not interested in seeing this implemented you have until May 25th to voice your opinion.
What do you think? Would you like to have a direct pay option through Medicare and avoid the Medicare fee schedule? Is this something you think your patients would be receptive to as well?
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