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Thursday
Nov022006

5% cut in reimbursement rates for Medicare.

Via Forbs.com: 5 percent cut in Medicare reimbursement next year.

Doctors were not happy about the announcement, which they had expected. Nearly half of physicians face payment cuts ranging from 6 percent to 20 percent, the American Medical Association said.

For the great majority of primary care physicians, the overall cut "will negate any payment increases specific to physician office visit payments," said Dr. Cecil B. Wilson, chairman of the AMA's board of trustees.

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