Medical Economics April 12, 2024
Report lists concerns about physician reimbursement and policy approaches.
Advisers to Medicare policy continue poring over dollars and data to establish how physicians will be reimbursed in coming years.
The Medicare Payment Advisory Commission (MedPAC) met April 11 with discussion touching on a number of topics including approaches for updating the Medicare Physician Fee Schedule.
Staff presented a 32-page summary with background on payment rates, starting with determination of relative value units (RVUs) based on work, practice expenses (PE), and professional liability insurance. The report had Medicare payment history and projections into the 2030s. In short: There’s a lot to consider, and it’s complicated.
“This is a feast of information, maybe a firehose of things to talk about,” said MedPAC...