Becker's Healthcare November 25, 2024
Forty-one senators have called on Congress to prevent a 2.83% cut to Medicare physician payments that will take effect Jan. 1.
A bipartisan letter led by Sens. John Boozman (R-Ark.) and Peter Welch (D-Vt.) to Senate leaders argues that the cuts will hinder physicians’ ability to provide high-quality care.
CMS’ 2025 physician payment rule, published Nov. 1, includes a 94 cent (2.83%) conversion factor decrease from 2024. The physician fee schedule conversion factor for 2025 is $32.35, down from $33.29 in 2024.
“To put it bluntly, Medicare plans to pay us less while costs go up,”...
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