Fierce Healthcare October 13, 2021
Several medical groups say a new round of cuts to Medicare payments set to go into effect in 2022 will derail their move to value-based care and impact hiring of new staff.
Medical groups spoke about the need for Congress to avert a series of cuts during a briefing on Tuesday sponsored by the American Medical Group Association (AMGA), which represents specialty medical groups.
“On heels of public health emergency to be dealt this blow it does feel a little bit like ‘death by a thousand paper cuts,’” said Carol Brockmiller, CEO of Quincy Medical Group, a group of more than 150 doctors, during the briefing.
Providers are facing 9.75% in cuts to Medicare reimbursements in the next year. This...