I – and every member of the American Academy of Sleep Medicine’s leadership – share the concern and frustration of our colleagues: What do these cuts to payment mean for our practice, for the field, and for our patients? The Board of Directors is committed to protecting your professional livelihood, safeguarding the field and ensuring access to quality care for patients. We devoted considerable time at our Board meeting this weekend to discuss the impact of the Final Rule. The AASM is taking action to address the Final Rule; several efforts are currently underway by the AASM leadership and staff and we will introduce more initiatives in the near future.
- The Final Rule includes a reduction to the conversion factor, from $36.87 in 2010 to $25.52 in 2011.
- The Final Rule includes changes to values for physician work and practice expense for sleep services.
The Final Rule is complex, as are the issues associated with it. Further, there are several areas within the Final Rule that require clarification. We are contacting CMS regarding these matters and will communicate this information to members when it is available.
The Board of Directors is hosting an emergency meeting the evening of Monday, November 15. Following this meeting, we will release to members a comprehensive action plan that details leadership-led initiatives, resources for members and information for our patients.