Healthcare Finance News May 8, 2024
“It would be political malpractice for Congress to sit on its hands and not respond to this report,” says AMA president.
The American Medical Association is again sounding the alarm on low physician pay, based on the release of the Medicare Trustees Report outlining the challenge of payments not keeping up with the pace with inflation or the cost of practicing medicine.
Trustees wrote: “Absent a change in the delivery system or level of update by subsequent legislation, the Trustees expect access to Medicare-participating physicians to become a significant issue in the long term.”
The 2024 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds was released on Monday.
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