Healthcare Finance News December 28, 2023
Susan Morse

MGMA: Since plans often benchmark their rates based on the Medicare Physician Fee Schedule, the low rates underscore the negative impact of the cuts.

The American Medical Association has said that its New Year’s resolution for Congress is to cancel the Medicare pay cut for physicians in 2024.

The AMA strongly supports a bill introduced in Congress this month that would completely eliminate the 3.37% Medicare physician pay cut that’s scheduled to take effect on January 1.

The bipartisan House bill called the Preserving Seniors’ Access to Physicians Act of 2023, was referred to the Committee on Energy and Commerce and to the Committee on Ways and Means.

Though the bill didn’t pass before legislators recessed for 2023, the AMA...

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Topics: Congress / White House, Govt Agencies, Insurance, Medicare, Physician, Provider
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