Radiology Business November 7, 2023
The U.S. Senate Committee on Finance has proposed draft legislation that would minimize Medicare cuts set to hit radiologists and other physicians on Jan. 1.
CMS issued the final 2024 physician fee schedule on Nov. 2, including a 3.4% reduction to the conversion factor used to convert RVUs into payment. Absent any congressional action, diagnostic radiology will face a 3% pay decrease, while interventional specialists can expect an aggregate 4% reduction. The same day, senators issued legislation that would mitigate 1.25% of the cut, along with several other policy changes.
The American College of Radiology said Monday that it appreciates the proposal, which is part of senators’ markup of the Better Mental Health...
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