Becker's Healthcare November 6, 2024
CMS released its 2025 physician payment rule, which includes a 2.83% conversion factor decrease from 2024.
Here are four comments from physician advocacy groups about pay cuts:
American Academy of Family Physicians
“Inadequate Medicare payment rates have created untenable barriers to care for patients and threaten physician practices. While the final 2025 Medicare physician fee schedule aims to strengthen primary care, the underlying deterioration of physician payments negates the impact of these important investments,” Jen Brull, MD, president of AAFP, said in a statement. “Sadly, this is the fifth year in a row congressional intervention will be needed to preserve payment. The consequence of this year’s 2.8% reduction is dire, putting practices at risk, exacerbating physician workforce shortages and...