Healthcare DIVE November 8, 2024
During a meeting Thursday, commissioners debated different solutions to lackluster physician pay with one theme in common: linking doctors’ annual payment update to the Medicare Economic Index.
Commissioners on the Medicare Payment Advisory Commission expressed broad support on Thursday for linking annual changes to physician reimbursement to inflation, a measure which — if approved by Congress — would give U.S. doctors more financial predictability and stability.
The backing of the influential congressional advisory board is a cause for optimism for the industry. Doctors have long lobbied Washington to increase Medicare reimbursement, citing lackluster pay as a driver behind practice consolidation and closures.
And insufficient payment could threaten access to care for the 68 million Americans, mostly seniors, on Medicare, according...
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