Cutting health care costs: A test of nerves
The Centers for Medicare and Medicaid Services will be cutting reimbursements for some nerve tests in half — and with good reason. Neurologists bill for each nerve tested, but include in their fee-per-nerve costs that occur only once in an appointment, such as the time it takes a doctor spends greeting a patient and explaining the procedure. The shift to a more precise — and lower — payment certainly marks a financial change for the profession. But in these tough fiscal times, Medicare simply can’t overpay for medical services.