Radiology Business December 8, 2023
Two key congressional committees recently passed legislation that would blunt planned pay cuts for radiologists and other physicians in 2024.
On Thursday, House Energy & Commerce announced it advanced a package of healthcare-related bills out of committee. The list included H.R. 6545, the “Physician Fee Schedule Update and Improvements Act,” which incorporates an increase to the conversion factor to match the support Congress provided in 2023 and partially offset a looming 3.4% cut in 2024. This action aligns with a bill that the Senate Finance committee passed last month.
In an announcement, co-sponsors noted that the bill also proposes increasing the budget neutrality threshold from $20 million to $53 million. This would “allow for greater flexibility in determining pricing adjustments...
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