Radiology Business February 27, 2024
Bipartisan members of the U.S. Senate are pressuring Congress to address a physician Medicare pay cut that will enter its third month on March 1.
Lawmakers led by Sens. John Boozman, R-Ark., and Peter Welch, D-Vt., voiced their concerns in a Feb. 23 letter to leaders in the Senate. They highlighted the 3.37% cut to the conversion factor that took effect Jan. 1, noting that rising costs and physician shortages are crippling small practices.
“After three consecutive years of Medicare payment reductions, healthcare providers are at a breaking point and are struggling to maintain access to care for the Medicare beneficiaries they treat,” 32 senators wrote to Majority Leader Chuck Schumer and Republican Leader Mitch McConnell on Friday. “Facing a...
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