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Health Populi December 18, 2024
Congress proposes temporary 2.5% physician pay bump in new healthcare package
Becker's Healthcare December 18, 2024
Lawmakers have unveiled a comprehensive government funding deal that includes a substantial healthcare package — proposing a temporary 2.5% increase to the Medicare physician fee schedule for 2025.
The proposed pay increase would offset the 2.83% pay cut recently finalized by the CMS for 2025. Without intervention, the physician fee schedule conversion factor for 2025 is set to drop from $33.29 in 2024 to $32.35, representing a tangible hit to physician revenues.
Physicians were outraged when CMS finalized the pay cut in its 2025 Medicare Hospital Outpatient Prospective Payment System and Ambulatory Surgical Center Payment System released on Nov. 1.
“The CMS pay cut is a disgrace. As every industry in America is being forced to adjust their...
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