0.5 percent Increase in Medicare Physician Fee Schedule for 2008

In December 2007 Congress passed the Medicare. Medicaid, and S-CHIP Extension Act (MMSEA) that provides for a 0.5 percent increase to the Medicare Physician Fee Schedule (MPFS) for the first six months of 2008, which would be followed by a 10.6 percent reduction in the MPFS for the second six months of 2008, unless passes some additional legislation to grant an additional increase in the MPFS for the last half of 2008.