Radiology Business November 9, 2023
The U.S. Senate Finance Committee on Wednesday advanced a bill that would partially protect radiologists and other specialists from a planned Medicare pay cut in 2024.
Lawmakers passed the Better Mental Health Care, Lower Drug Cost, and Extenders Act in a 26-0 vote, advancing it out of the committee. CMS issued the final 2024 physician fee schedule on Nov. 2, including a 3.4% reduction to the conversion factor used to translate RVUs into payment. The committee proposal would mitigate 1.25% of this cut, along with several other policy changes.
“This package provides a one-year increase to Medicare physician payment. Our goal is to shore up Medicare’s effort in 2024 to boost payment for primary care,” Committee Chairman and Sen. Ron...