National Healthcare Spending in the U.S. Was Nearly $5 Trillion (with a “T”) in 2023 – New...
Health Populi December 18, 2024
Providers balk at MIPS value program, Medicare rate in physician pay rule comments
Healthcare DIVE September 15, 2021
Providers pushed back on CMS’ plans to overhaul the Quality Payment Program with a new push toward value-based arrangements. They said it is not ready to implement and eventually replace the Merit-based Incentive Payment System.
In comments on the 2022 Physician Fee Schedule, hospital and medical practice groups also decried the 3.89% reduction to the conversion factor, partly because of budget neutrality requirements. The American Hospital Association said it was “concerned that the conversion factor cut will have an extremely negative affect on patients’ access to certain services. Our concern is heightened by the fact that this cut is coming amidst nearly two years of unrelenting financial pressure on the health care system due to the ongoing COVID-19 PHE.”
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Topics: CMS, Govt Agencies, Insurance, MACRA, Medicare, Payment Models, Physician, Primary care, Provider, Value Based