The initial first round of bidding yielded reduced rates, even though the bidding was not enforced, Medicare enforced the reduced reimbursement for oxy and other items under bid. Oxy went from $195 to $175 (roughly).
The initial first round of bidding yielded reduced rates, even though the bidding was not enforced, Medicare enforced the reduced reimbursement for oxy and other items under bid. Oxy went from $195 to $175 (roughly).
The 1.5% Lincare is talking is the CPI adjustment not the 9.5% cut to pay for the postponement of competitive bidding. According to CMS we had negative inflation.
Lincare 4th Qtr Profit Drops 27%, Hurt by 1.5% Cut in Medicare Oxygen Reimbursement
Linear Mode
