Congress Urged Not to Implement Medicare Payment Cuts

Congress Urged Not to Implement Medicare Payment Cuts

  The American Medical Association and every state medical society have authored a letter to Congress urgently requesting them to intervene before the new Medicare payment cuts take effect in 2023. Congress has until January 1, 2023, to stop these cuts. The organizations’ letter highlights the challenges the healthcare sector is now experiencing. Hospitals and…

Read More

CMS Releases Final 2023 Physician Fee Reimbursements

CMS Releases Final 2023 Physician Fee Reimbursements

Despite the input of healthcare facilities, physicians, and health-related associations and societies, the CMS Medicare Physician Fee Schedule (MPFS) for 2023 will see a reduction in the face of the highest inflation rates in 40 years. The CMS conversion factor falls to $33.0067 in 2023 — down from $34.6062 in 2022 — resulting in approximately…

Read More

Surprise Billing Regulations Finalized

Surprise Billing Regulations Finalized

On August 19, the Department of Health and Human Services (HHS) released its final rules related to the Surprise Billing act. These rules clarify specific requirements under the July 2021 interim rules regarding information that group health plans and health insurance companies offering group or individual health insurance coverage must share about the qualifying payment…

Read More

Proposed CMS 2023 Cuts Threaten Healthcare

Proposed CMS 2023 Cuts Threaten Healthcare

  Once again, proposed Centers for Medicare and Medicaid Services (CMS) cuts to the Physician Fee Schedule for 2023 threaten healthcare in the United States. The American College of Radiology (ACR) posted the five most likely CMS proposals to impact radiology practices in 2023. The CMS’s proposals became public on July 7. Physicians Fee Schedule…

Read More

MedPAC Recommends No Medicare Payment Update for 2023

MedPAC Recommends No Medicare Payment Update for 2023

The Medicare Payment Advisory Commission (MedPAC) issued its latest report to Congress on March 15. Their opinion was simple and direct — Medicare payments don’t need to be increased in 2023. Their report stated, “Overall, access to clinician services for Medicare beneficiaries appears stable and comparable to that for privately insured individuals.” And they continued…

Read More