Monthly Archives: February 2012

Orthotics and Prosthetics Likely “Exempt” from Medical Device Excise Tax

The Internal Revenue Service (IRS) and the Treasury Department recently released initial rules providing details of how the IRS plans to implement the medical device excise tax.  Created as part of the Affordable Care Act in 2010 during the reconciliation … Continue reading

Posted in Manufacturer, Orthotics and Prosthetics | Tagged , , , , , | 1 Comment

President Releases Budget, “Doc Fix” deal, Off-the-Shelf Orthotics Codes Released

There is a lot to get to this week! On Monday, the President released his proposed budget for FY2013 that forecasts an annual deficit of over $1 trillion for the fourth consecutive year. The President’s proposal closes many corporate tax loopholes … Continue reading

Posted in Orthotics and Prosthetics, Prosthetist, re provider, Regulatory | Tagged , , , , | Leave a comment

CMS Announces Delay to Recovery Audit Prepayment Review Demonstration

The Centers for Medicare and Medicaid Services (CMS) has announced the delay of a demonstration project designed to increase the amount of prepayment reviews done on Medicare Part A and B claims. The Recovery Audit Prepayment Review Demonstration, which was delayed from an … Continue reading

Posted in Orthotics and Prosthetics, Prosthetist, re provider, Regulatory | Tagged , , , , | 1 Comment