PAYMENT RULES FOR ANESTHESIA SERVICES.

SEC. 4504. PAYMENT RULES FOR ANESTHESIA SERVICES. (a) In General.—Section 1848(d)(1) (42 U.S.C. 1395w–4(d)(1)), as amended by section 4501(a), is amended— (1) in subparagraph (C), by striking “The single” and inserting “Except as provided in subparagraph (D), the single”; (2) by redesignating subparagraph (D) as subparagraph (E); and (3) by inserting after subparagraph (C) the following new subparagraph: ”(D) Special rules for anesthesia services.—The separate conversion factor for anesthesia services for a year shall be equal to 46 percent of the single conversion 111 STAT. 435factor established for other physicians’ services, except as adjusted for changes in work, practice expense, or malpractice relative value units.”. (b) Effective Date.—The amendments made by subsection (a) shall apply to services furnished on or after January 1, 1998.