Medical Economics March 5, 2024
‘Appallingly inadequate’ after 3.4% cut starting this year, MGMA says.
Medicare physician reimbursement would get a 1.68% bump under the federal spending bills introduced this week.
But it may be too little to help physicians who already are feeling financial pressure from rising costs and lower payments, according to the Medical Group Management Association (MGMA).
On March 3, the House Appropriations Committee released 2024 government funding legislation ahead of looming deadlines to avert a possible federal government shutdown. The bills cover six main areas: Agriculture, Rural Development, Food and Drug Administration, and Related Agencies; Commerce, Justice, Science, and Related Agencies; Energy and Water Development and Related Agencies; Interior, Environment, and Related Agencies; Military Construction, Veterans Affairs, and Related Agencies; and...