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…

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Diagnostic Radiology Experienced 44% Decline in Medicare Reimbursement over Last 10 Years

Diagnostic Radiology Experienced 44% Decline in Medicare Reimbursement over Last 10 Years

Diagnostic radiology has experienced a 44% Medicare reimbursement reduction over the past 10 years. Medicare reimbursements for diagnostic radiology began declining with the passage of the Deficit Reduction Act (DRA) of 2006. Recent research led by Derrek Schartz, MD of the Department of Imaging Sciences at the University of Rochester, showed that adjusting for inflation…

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Congress Rescinds 10% Medicare Cuts for 2022

Congress 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…

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Medicare Beneficiaries Growth Outpaces Growth in Radiologists

Medicare Beneficiaries Growth Outpaces Growth in Radiologists

Research presented at the recent Radiological Society of North America meeting shows that the number of Medicare beneficiaries is overtaking the number of existing radiologists in some geographical regions of the U.S. There is a gap in several areas where the growth rate of Medicare beneficiaries exceeds the growth rate of radiologists in their region.…

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Medicare Spending For Diagnostic Radiology $890 Million Below Expected Levels for 2020

Medicare Spending For Diagnostic Radiology $890 Million Below Expected Levels for 2020 REVISED

Data released by the American Medical Association on December 2, 2021, revealed that Medicare disbursements for diagnostic radiology services fell by $890 million (roughly 16%) below the projected levels in 2020. Not only did diagnostic radiology services reimbursed by Medicare fall — revenue for all physician services in the Medicare system fell significantly — $13.9…

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