Healthcare Finance News November 5, 2024
Time is running out for Congress to pass legislation to avert the cuts, AMA says.
The Centers for Medicare and Medicaid Services has finalized the proposed 2.8% payment cut for physicians in its 2025 Medicare Physician Fee Schedule final rule.
Medical groups swiftly protested and said something must be done now to avert the cut before the end of this year’s legislative session, and said a permanent solution is needed to prevent the annual congressional intervention.
Dr. Bruce A. Scott, president of the American Medical Association, said, “In the 3,088 pages and thousands of statistics included in the final rule of the 2025 Medicare physician fee schedule released today, there are two numbers that stand out: 2.8 and 3.5. The...
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