CMS proposes 2.9% cut to physician pay for 2025 | Healthcare Dive
Let Healthcare Dive’s free newsletter keep you informed, straight from your inbox. Regulators said Medicare’s budget neutrality requirement is to blame for the reduction, which was quickly decried by provider groups. Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle. Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle. The CMS is proposing lowering the conversion factor used to translate the cost of providing medical services into physician payments by 2.8% for next year. It’s the fifth straight year that regulators proposed slashing the conversion factor, according to the American Medical Association. Last year, the CMS finalized a 3.4% cut to the conversion factor, which was expected to lower physician payments by 1.25% on average
Let Healthcare Dive’s free newsletter keep you informed, straight from your inbox. Regulators said Medicare’s budget neutrality requirement is to blame for the reduction, which was quickly decried by provider groups. Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle. Disputes between hospitals and workers are likely to continue even as the pandemic’s greatest impacts subside — a source of friction that could leave patients caught in the middle. The CMS is proposing
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