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 has 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 a 3% increase to the conversion factor to offset the 3.4% planned cut.
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 for services without leading to harmful payment cuts for doctors.”
“Physicians across the country, who treat Medicare patients out of the goodness of...