Becker's Healthcare March 4, 2024
Mackenzie Bean

Physicians are set to receive a 1.7% increase in Medicare pay effective March 9 as part of a $460 billion spending package congressional leaders released this weekend.

Four things to know:

1. The spending deal would temporarily lower the 3.4% Medicare physician fee cut, which took effect in January, to about 1.7%, according to Bloomberg Law. This rate would remain in effect until Jan. 1, 2025.

2. The American Medical Association strongly opposed the initial cuts, arguing that they would reduce patient access to...

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