Medical Economics October 18, 2024
Key Takeaways
- Medical groups face a 2.8% Medicare Physician Fee Schedule cut in 2025, following a 4-year trend of reductions.
- AMGA’s survey indicates significant impacts on patient services due to cumulative Medicare reimbursement cuts.
- AMGA urges Congress to stabilize Medicare payments to ensure continued patient access to quality care.
- Healthcare organizations are planning actions to mitigate the financial impact of the 2025 cuts, with some already implemented in 2024.
AMGA posts survey results forecasting effects on patient services if reduction happens in 2025.
Medical groups will be forced to take actions that make up for a 2.8% cut to the Medicare Physician Fee Schedule planned starting in January 2025.
American Medical Group Association (AMGA) in July and August...
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