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Medicare Participation Kit

The Centers for Medicare & Medicaid Services (CMS) has announced a six-week extension to the annual Medicare participation enrollment period, which was scheduled to conclude Dec. 31. Physicians’ Medicare participation elections or withdrawals must be postmarked on or before Feb. 14.

This extension comes as Congress averted a 27 percent cut in physician Medicare payments that was scheduled for Jan. 1, preventing the cut for two months as lawmakers work on a longer-term agreement. Read more about the Medicare physician payment patch in a recent AMA alert.

While participation status changes can be made into February, the effective date for these changes remains Jan. 1. Payment rate and other changes associated with becoming a non-participating physician will be retroactive to Jan. 1.

Physicians can use the AMA’s Medicare Participation Kit to help them evaluate their participation options and choose the direction that is suitable for their practice.The kit contains a detailed explanation of physician options, a calculator and various sample materials for communicating with patients. Given the current level of uncertainty, physicians may want to defer making a decision on their participating/nonparticipating status for a few weeks. Physicians have until Feb. 14, 2012 to modify their status.

Medicare Revenue Calculator

Medicare Calculator The medicare payment calculator will help you estimate how much your total revenues from Medicare patients would change if you switch your status from Medicare participation (PAR) to non-participation (non-PAR).

Downloads

Know your options: Medicare participation guide

Medicare revenue worksheet

Frequently asked questions about Medicare participation options

Sample letter to patients for practices choosing non-PAR status

Sample letter to patients for practices opting out

Sample letter to patients for practices not taking new Medicare/TRICARE patients

Phone script for practices no longer accepting Medicare/TRICARE patients

Sample Medicare private contract

Sample Medicare private contract "opt-out" affidavit

Medicare Participation Webinar

Late last year, former AMA President Cecil B. Wilson, MD, hosted an informative webinar explaining the 2011 Medicare participation options. Your options are the same for 2012. You can view the webinar slideshow or listen to the archived recording.

In addition, you can download the AMA's helpful resource kit "Know Your Options: Medicare Participation Guide," which will help you evaluate your Medicare options and choose the direction that is best for you and your practice.