Becker's Healthcare April 23, 2024
As practice costs rise, many physician leaders are concerned about cuts in CMS reimbursements.
Here are five major updates on physician pay cuts:
1. Congress halved 2024’s 3.4% Medicare pay cut for physicians to roughly 1.7% in a $460 billion spending package released in March. The cut comes on top of last year’s 2% Medicare physician pay reduction.
2. Many physicians were disappointed by Congress’ move. The American Medical Association said in a blog post that the cut was not enough as the cost of running a...
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