URGENT! Contact your Member of Congress immediately to cancel the Medicare payment cut! Congress has decided to include any year-end Medicare payment issues in its must-pass bill to keep the federal government operating. Congress must pass this legislation by November 17 to avoid a government shutdown. Therefore, we must act now to demand positive changes to the Medicare Physician Fee Schedule for 2024. Due to budget neutrality rules, the 2024 fee schedule includes a harmful 3.4% payment cut that will take effect if Congress does not act. With an expected 4.6% rise in health care inflation this year, the cut will be devastating for physician practices ... November 9, 2023 Advocacy, Medicare Medicare, Reimbursement 0 0 Comment Read More »
Senate Passes Legislation to Halt Medicare Physician Payment Cuts Last evening, the Senate passed legislation halt Medicare physician payment cuts that were scheduled to take effect on January 1. President Biden is expected to sign the bill into law. Highlights of the physician payment provisions include: A delay in resuming the 2% Medicare sequester for three months (January 1- March 31, 2022), followed by a reduction to 1% for three months (April 1-June 30, 2022). A one-year increase in the Medicare Physician Fee Schedule of 3% (0.75% less than the conversion factor boost provided for 2021). A one-year delay in the cuts ... December 10, 2021 Advocacy, Medicare Legislation, Medicare, Senate 0 0 Comment Read More »
Senate Must Act Now on Medicare Payment Cuts It’s coming down to the wire. As Congress continues to fight over a number of year-end priorities, time is running out to address the looming Medicare payment cuts that, if not reversed, would have devastating consequences for Medicare patients and our health care system. Tell your Senators to act NOW to protect America’s Medicare patients. On January 1, 2022 the Centers for Medicare and Medicaid Services will drastically reduce payments for certain health care providers. If Congress does not act to stop these cuts before the end of the year, it ... December 8, 2021 Advocacy, legislation, Medicare Congress, Cuts, Medicare, Senate 0 0 Comment Read More »
2022 Medicare Physician Fee Schedule (PFS) and Quality Payment Program (OPP) Proposed Rule Summary Physician Payment Schedule On July 13, 2021, the Centers for Medicare and Medicaid Services (CMS) released the Calendar Year (CY) 2022 Revisions to Payment Policies under the Physician Fee Schedule (PFS) and Other Changes to Part B Payment Policies proposed rule (published in the Federal Register on July 23, 2021 – Docket number CMS-1751-P). In addition, CMS published a fact sheet on the PFS proposed rule highlighting the key provisions. If finalized, the proposed policies in the rule will take effect on January 1, 2022. CMS is requesting that comments ... August 3, 2021 Healthcare, Medicare Medicare, Services, Telehealth 0 0 Comment Read More »
AMA report shows physician Medicare revenue down 19% over first half of 2020 The economic impact of COVID-19 on health care continues to reveal itself through reductions in patient volume and revenue and in higher practice costs. As the pandemic stretches on, physician practice viability remains under threat. Financial impacts were assessed with a claims-based analysis of changes in Medicare physician spending for the first six months of 2020 and a nationwide survey of physicians in July and August of 2020. Medicare physician spending The report “Changes in Medicare Physician Spending During the COVID-19 Pandemic” provides an in-depth look at impacts of the COVID-19 pandemic ... March 4, 2021 AMA, CMS, COVID19, Medicare AMA, COVID-19, Medicare, Report 0 0 Comment Read More »
