Becker's Healthcare April 8, 2024
Claire Wallace

Physicians have continued to see Medicare payment cuts year over year, with a 2% cut in 2023 being followed by a 1.68% cut in 2024, according to an April 8 report from the American Medical Association.

Here are six issues with the physician payment system, per the AMA:

1. Physician payment updates are not tied to inflation. Inflation-adjusted payments have continued to fall dramatically over the last 20 years as payment redistributions are caused by budget-neutrality adjustments.

2. The reporting requirements for the merit-based incentive payment system (MIPS) are too burdensome. They are also often clinically...

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