CMS proposes 2.9% cut to physician pay for 2025 | Healthcare Dive

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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

This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Doctors would see their Medicare reimbursement fall by 2.9% on average next year if a new CMS payment rule is finalized. Regulators blamed statute requiring Medicare’s physician benefit to remain budget neutral for the cuts, which were immediately slammed by physician groups. However, it’s unlikely the cuts go into effect as proposed, as Congress historically steps in to mitigate dramatic decreases to doctor pay. Dive Insight: The CMS is proposing lowering the conversion factor used to translate the cost…

CMS proposes 2.9% cut to physician pay for 2025 | Healthcare Dive

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