On October 30, the Centers for Medicare & Medicaid Services (CMS) released the final 2010 physician fee schedule that includes a 1 percent reduction for oncology services for 2010. Oncology will still be subject to a 6 percent total cut that will be phased in over four years. This is less drastic than the 6 percent cut for 2010 that CMS included in its proposed fee schedule, however, ASCO is concerned about any cuts to oncology and will be working to mitigate those cuts in the coming months.
ASCO sent out a Member Alert November 4, highlighting some of the key components of the fee schedule that affect oncology practices. ASCO will continue to provide detailed information of the overall impact on oncology in 2010 and future years. As we analyze all the elements of the fee schedule, we will provide you with complete details on the changes affecting oncologists and their practices.
For more information, contact ASCO's Cancer Policy & Clinical Affairs Department at 571-483-1670 or publicpolicy@asco.org.