Becker's Healthcare July 16, 2024
Physician leaders are frustrated and concerned about CMS’ proposal for a 2.8% conversion factor reduction to its physician fee schedule for 2025.
Ten physicians joined Becker’s to discuss the long-term dangers of this proposal.
Editor’s note: These responses were edited lightly for clarity and length.
Mohammad Agha, MD. Neuromuscular Fellow at Yale New Haven (Conn.) Hospital. There are multiple dangers in different time horizons. In the short to medium term, this will lead to a ripple effect impacting the setting of physician practices. In the short term, as cuts to physician pay continue, more physicians will opt for employment or direct-care models. Medium term, as these direct models proliferate, there is the risk that e wealthier patients...