In its press release announcing implementation of the 2011 Medicare payment schedule, published in November 2010, CMS stated: Although not part of the Affordable Care Act, to more appropriately ecognize the efficiencies when combinations of therapy services are furnished together, CMS is adopting a multiple procedure payment reduction policy for therapy services that will reduce by 25% the payment for the practice expense component of the second and subsequent therapy services furnished by a single provider to a beneficiary on a single date of service.
What does PE stand for?
PE stands for Practice Expense (Medicare/Medicaid payments)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of PE
We have 142 other meanings of PE in our Acronym Attic
- Portable Executable
- Post Entry
- Potential Earth (earth Ground point in an electrical circuit)
- Potential Electrode
- Potential Energy
- Potential Evapotranspiration (ecology)
- Potential Excess
- Pouvoir Executif (French)
- Power Engineer
- Practical Exercise
- Preceding Event
- Precision Echo
- Precision Engagement (time sensitive targeting)
- Preço de Exercício (Portuguese: Exercise Price)
- Preferred Elite (insurance)
- Preinstallation Environment (Microsoft Windows)
- Preliminary Engineering
- Preliminary Evaluation (EPA)
- Preliminary Exploitation
- Premature Ejaculation (male condition)
Samples in periodicals archive:
VAT input credits VAT paid on any practice expense (including capital items) can be deducted from VAT owing to SARS (i.
This severe rate cut, coupled with rising practice expense costs, will make it financially impossible for many providers to offer care to Anthem Blue Cross enrollees under this arrangement.
At the same time, the agency would increase the work relative value units for new and established office visits, increase the work values for initial hospital and initial nursing facility visits, and incorporate the increased use of these visits into the practice expense and malpractice relative value unit calculations.
Differences were also observed across practice types for monthly work RVUs, practice expense RVUs, and total RVUs.
Laurence Buckman, chairman of the British Medical Association, said GPs were worse-off now than they were in 2005 because they had not received pay rises for two years to cover the cost of inflation, staff and practice expenses.
While resource-based work RVUs were the foundation of the MPFS, practice expense and liability insurance RVUs continued to be based on historical charges until 1999 and 2000, respectively, when resource-based values for these components were phased in (Federal Register, 1998a,b).
Work comprises 46% of the RVU computation, while practice expense accounts for 50% and malpractice insurance for 4%.