Search results for: medicare cuts
Radiologists Support Bipartisan Bill to Mitigate Medicare Cuts Tied to Clinical Labor Costs
Radiologists and other medical professionals have expressed their support for a new bipartisan bill aimed at mitigating Medicare cuts related to clinical labor costs. The proposal, known as the Providing Relief and Stability for Medicare Patients Act of 2023, would provide much-needed relief for radiologists, radiation oncologists, and other specialists who are facing significant…
Read MoreCongress Rescinds 10% Medicare Cuts for 2022
2022 Medicare physician billing rates are now finalized after Congress disallowed most of the proposed 9.75% CMS cuts. The “Protecting Medicare and American Farmers from Sequester Cuts Act” passed both Houses last week and was signed by President Biden. This act provides the following relief. Delays the 4% cut for the PAYGO (pay-as-you-go) provision until…
Read MoreLawmakers Attempt To Protect Physicians From Medicare Cuts With New Legislation
Lawmakers from both parties attempted to avoid reductions in reimbursement for radiologists and other specialists by introducing new legislation Friday. To cover the difference between 2020 and 2021, they created “Holding Providers Harmless from Medicare Cuts During COVID-19 Act”. The reps who sponsored the bill have hindsight over the headwinds physicians are currently facing and…
Read MoreThe Fight Against Medicare Pay Cuts for Radiologists
Recently, physician and U.S. House member, Greg Murphy, MD, R-N.C., introduced a bill to protect radiologists and other physicians from Medicare pay cuts. His proposal, the Preserving Seniors’ Access to Physicians Act, aims to counteract the 3.4% Medicare conversion factor cut that took effect at the beginning of the year. This bipartisan bill will be…
Read MoreTake Action Now: Medicare physician pay cuts are a no-go
This year healthcare providers are facing a grim reality – a 3.37 percent reduction to the Medicare Physician Fee Schedule (PFS) Conversion Factor (CF). The Centers for Medicare and Medicaid Services (CMS) confirmed this cut in the 2024 Medicare PFS final rule, and it went into effect on January 1st, 2024. This has major implications…
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