Healthcare Finance News March 7, 2024
Medical groups would still be left with a 1.69% reduction in reimbursement for 2024.
A House bill that passed on Wednesday importantly would lessen the cut to physician payment.
A 3.34% physician payment reduction began January 1. The legislation proposes a prospective increase of 1.68% to Medicare physician reimbursement effective March 9, according to MGMA.
Medical groups would still be left with a 1.69% reduction in reimbursement for the rest of the year.
“I have seen several interpretations of the math surrounding the 2024 physician Medicare cut. Let’s be clear. A cut is still a cut,” said Anders Gilberg, senior vice president of Government Affairs for MGMA, in a post on X.
The House in a 339-85 vote on...
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