As part of its campaign to fix the unsustainable Medicare physician payment system, the AMA is outlining in a quick, easily navigable fashion the policy changes needed to realize the robust physician pathway to alternative payment models (APMs) that Congress envisioned.

The Biden administration has released the proposed physician fee schedule for 2024, and a 3.34% decrease in the conversion factor is likely to draw plenty of ire from docs.

Doctors would receive a 1.25% pay cut next year under the Medicare physician fee schedule proposed rule, fueling requests to tie the reimbursement rate to inflation.

The Centers for Medicare & Medicaid Services (CMS) is proposing a nearly 3.4% cut to the "conversion factor" used to set the Medicare Physician Fee Schedule for 2024, and physician groups are none too happy about it.

Imagine if your problem persisted for 20 years with no solution; you might seek another doctor. Yet every year, that’s the scenario physicians and patients face with the failing Medicare physician payment system.

Hospital outpatient departments are in line for a Medicare rate increase next year, while program payments for physicians could decline.

Overall Medicare payments to physicians and clinicians in 2024 would fall by an average of 1.25% next year under a proposed rule released Thursday by the Biden administration.

The need to transform the deeply flawed Medicare physician payment system into one that will not only sustain but strengthen physician practices could not be more critical.

AMGA and the AMA said the proposed cuts would hinder the ability of multispecialty medical groups to provide high-quality care to their patients.