On February 2, 2015, the Office of Management and Budget released President Obama's budget for fiscal year (FY) 2016, including many Medicare-related provisions. This year's proposed budget is very similar to last year's, with respect to Medicare. The President's budget proposal would reduce Medicare spending by $423 billion between 2016 and 2025.
New coding requirements related to the Healthcare Common Procedure Coding System (HCPCS) modifier -59 could impact your future reimbursement. Effective 1/5/15, the Centers for Medicare & Medicaid Services (CMS) is establishing four new HCPCS modifiers to define subsets of the -59 modifier, which is the modifier used to define a "Distinct Procedural Service."