Becker's Healthcare January 14, 2022
MedPAC voted Jan. 13 against recommending to raise Medicare physician payments for 2023, according to an opposition letter from the president of American Medical Association, Gerald Harmon, MD.
Since 2001, the cost of running a medical practice has increased 39 percent, but CMS has only increased pay for physicians by 11 percent, according to the AMA. When adjusted for inflation in practice costs, Medicare physician payment has declined 20 percent from 2001 to 2020.
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