Medical Economics September 9, 2024
Expect patient care to suffer when physicians face a 2.8% decrease in reimbursement in 2025, even as regulators acknowledge practice costs are going up.
Medicare payments to physicians should be based on inflation instead of simply cutting reimbursement to doctors, according to the American medical Association (AMA).
The U.S. Centers for Medicare & Medicaid Services (CMS) needs to come clean about the effects of decreasing payment to physicians, which in turn affects patient care, AMA said in a letter this month.
In July, CMS proposed a 2.8% drop in physician reimbursement – while recognizing the Medicare Economic Index that measures inflation for practice costs is going up by 3.6%. CMS, doctors and the administration need to work with Congress to...