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Congress Fails to Stop Entire Medicare Physician Payment Cut

As Congress prepares to pass legislation that reverses only half of the 3.37% Medicare physician payment cut implemented on January 1, 2024, the California Medical Association (CMA) is exasperated that for the fourth straight year physicians will face a payment cut. The cut totals 1.68% but coupled with medical inflation, physicians will experience a devastating 6% real cut in 2024. “While CMA appreciates the support from many lawmakers in Congress, this legislation will continue the staggering ‘death by a thousand cuts’ that Congress has allowed for the last two decades,” said CMA president Tanya W. ...