Healthcare DIVE July 11, 2024
Regulators said Medicare’s budget neutrality requirement is to blame for the reduction, which was quickly decried by provider groups.
Dive Brief:
- Doctors would see their Medicare reimbursement fall by 2.9% on average next year if a new CMS payment rule is finalized.
- Regulators blamed statute requiring Medicare’s physician benefit to remain budget neutral for the cuts, which were immediately slammed by physician groups.
- However, it’s unlikely the cuts go into effect as proposed, as Congress historically steps in to mitigate dramatic decreases to doctor pay.
Dive Insight:
The CMS is proposing lowering the conversion factor used to translate the cost of providing medical services into physician payments by 2.8% for next year.
It’s the fifth straight year that...
Today's Sponsors
Today's Sponsor