Healthcare Finance News November 6, 2023
Physician pay in new final rule is untenable, providers say, as they laud the delay of MIPS policy and an extension of telehealth flexibilities.
Providers are weighing in on the 2024 Medicare Physician Fee Schedule Final Rule, which finalized payment amounts in 2024 that will be reduced by 1.25% overall compared to 2023.
CMS has finalized payment increases for services such as primary and longitudinal care.
Provider groups are speaking out against the finalized 2024 conversion factor of $32.74, a decrease of $1.15, or 3.4%, from 2023, and are calling on Congress to address these cuts.
“The Medicare physician payment schedule released today is an unfortunate continuation of a two-decade march in making Medicare unsustainable for patients and physicians,” said...
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