3/ The #COVID19#pandemic has taken a toll on physician practice revenue. Survey data shows physician practice revenue plunged 50% March to May and remains on average 32% less than in February. Practice costs are ⬆️ due to PPE. Volume is ⬇️ due to required physical distancing.
4/ The much appreciated CARES Act Provider Relief Fund has offset some revenue loss, but the estimated $11 billion distributed to physicians so far makes up for only about 10% of the total estimated loss experienced by practices during the initial months of the pandemic.
5/ @CMSGov has taken steps to decrease the physician documentation burden and revise the evaluation and management (E/M) office visit guidelines. This provides long overdue increases for several specialties.
6/ However, due to the requirement for budget neutrality this would result in draconian cuts as high as 11% in the middle of a pandemic, across multiple specialties, beginning on January 1, 2021.
7/ @CMSGov has authority to waive budget neutrality. Esp. pertinent during the public health emergency. However, the E/M policy has gone thru multiple rulemaking cycles and the Agency gives no indication that it will pursue this solution. Hence, action by Congress is necessary.
•voices support for the E/M payment ⬆️
•urges Congress to develop a bipartisan legislative solution to stave off the drastic cuts caused by “budget neutrality”
•requests Congress pass a remedy this year
9/ There are over 113 bipartisan cosigners including strong bipartisan support from the PA delegation. Many thanks to the signers. The entire PA delegation should sign by the October 16 closing. Help physicians keep the lights on for patients.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Physician practices are essential to the nation's health care system.
Before Congress adjourns, it must pass legislation to:
•Continue expansion/add flexibility for Medicare Accelerated/Advanced Payments: Better allow physicians to address the crisis
2/ •Better address Medicare/Medicaid payment policy. Account for lack of + updates to assist doctors caring for patients
•Include direct $ support to help sustain physician practices thru the pandemic. Include addit emergency relief fund grants, access to small business loans
3/ •Permanently lift geographic & site restrictions on #telehealth tech so all #Medicare beneficiaries have access to telehealth services, incl from home, regardless of where they live
•Institute broader liability protection for physicians on front-line fight against #COVID19
1/ Action Item for relief funds: As @AmerMedicalAssn reported, #HHS announced that providers need to take action by June 3, 2020 regarding CARES Act Provider Relief Fund distribution of the first $50 billion referred to as the General Distribution: tinyurl.com/y78swuda
2/ Specifically, @HHSGov indicated that by June 3, those who had received funds need to accept the #HHS Terms and Conditions and submit revenue information to be considered for an additional General Allocation payment.
3/ Subsequently, HHS announced that it had extended the attestation deadline for an additional 45 days, but the June 3 deadline has remained on the Provider Relief Fund website: tinyurl.com/yat69ao8
Especially now as we fight the #pandemic is not the time to make sweeping, detrimental policy changes. Yet the Alexander-Walden-Pallone plan for out-of-network bills AKA “#surprisebills” is being considered. The proposal is deeply flawed. Here’s why:
Others say flawed plan is NOT the remedy for this important issue.
“This policy would likely lead to physician shortages & even facility closures in many vulnerable & underserved communities, just as these critical providers are desperately needed.” tinyurl.com/y9fwflhj 2/x
“IDR is a proven solution and has worked at the state level in NY & other states. NY’s experience shows that an IDR process can work to the benefit of patients while lowering overall costs.“ - Nat Coalition on Healthcare, represents >100 mil Americans tinyurl.com/ybpun6yw. 3/x