Radiology Business March 15, 2024
The Medicare Payment Advisory Commission has recommended a pay update for radiologists and other physicians in 2025, but some in the field worry it’s far from enough.
MedPAC issued its latest report to Congress on the federal payment program Friday. It calls for a “higher than current law,” year-over-year pay change for docs, at about 1.3%. Commissioners estimated the average physician would receive 3% higher Medicare payments next year following the update.
“Under current law, Medicare fee schedule payment rates are expected to decline in 2025, due to the expiration of a 1.25% pay increase that will apply in 2024 only and a 0% update scheduled for 2025,” the report stated. “Given recent high inflation, cost increases could be difficult...