Chief Healthcare Executive September 22, 2022
More than half of all practices said they’d consider reducing staff or accepting fewer Medicare patients. Hospitals are also dreading the prospect of cuts.
Doctors and medical groups say they’re worried about the potential of looming cuts in Medicare next year.
Very worried.
The Medical Groups Management Association released a report Wednesday highlighting the impact of the projected 8.5% cuts in Medicare payments next year. Health advocates are pressing lawmakers and President Biden’s administration to provide more funding.
“MGMA urges Congress to act expeditiously to prevent the looming 2023 Medicare physician payment crisis,” said Anders Gilberg, MGMA’s senior vice president of government affairs.
The MGMA surveyed 517 medical group practices in 45 states to gauge their impact on how the...
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