REIMBURSEMENTS, INDUSTRY M&As, MOBs AND THE ENDLESS NEED FOR CAPITAL
By Murray W. Wolf
In addition to repurposing of other types of commercial real estate for healthcare use (please see “Adaptive reuse on a roll,” starting on Page 1), providers had plenty more to say at the recent InterFace Medical Office West conference in Los Angeles.
Reimbursement woes
A payroll tax reduction extension package approved by Congress and signed into law Feb. 22 by President Obama included a provision to freeze Medicare physician reimbursement rates for the rest of 2012, averting a 27.4 percent decrease that had previously been postponed but was set to take effect March 1. But while that will keep reimbursement rates stable through the rest of the 2012, physicians face a potential 32 percent Medicare reduction in January 2013.
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