🧵👏👏Patients & Physicians Grateful for #Congress Fending Off #Medicare Cuts
“These automatic cuts should remind members of the needed reforms. Congress can get a head start on doing the right thing when it reconvenes early next year.”
AMA statement: tinyurl.com/2wtbarfc
“These automatic cuts should remind members of the needed reforms. Congress can get a head start on doing the right thing when it reconvenes early next year.”
AMA statement: tinyurl.com/2wtbarfc
2/ Last evening, the Senate passed legislation to halt Medicare physician payment cuts that were scheduled to take effect on January 1. President Biden is expected to sign the bill into law.
Highlights of the physician payment provisions include the following: 👇
Highlights of the physician payment provisions include the following: 👇
3/ a. Delay in resuming 2% Medicare sequester for 3 months (1/1- 3/31/2022), followed by a reduction to 1% for 3 months (4/1-6/30/2022).
b. 1-year increase in the Medicare Physician Fee Schedule of 3% (0.75% less than the conversion factor boost provided for 2021).
…and
b. 1-year increase in the Medicare Physician Fee Schedule of 3% (0.75% less than the conversion factor boost provided for 2021).
…and
4/ c. 1-year delay in the cuts to the clinical lab fee schedule
d. 1-year delay in the Medicare radiation oncology demonstration
Additionally, the bill will erase the 4% Medicare PAY-GO cut and prevent any additional PAY-GO cuts through 2022.
d. 1-year delay in the Medicare radiation oncology demonstration
Additionally, the bill will erase the 4% Medicare PAY-GO cut and prevent any additional PAY-GO cuts through 2022.
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