News Briefs: CMS Finalizes 2.8% Physician Fee Cut, While 2026 MA Rule Is Still at OMB
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Nov 07, 2024
CMS on Nov. 1 released the 2025 Medicare Physician Fee Schedule Final Rule, which called for a 2.8% pay cut. That’s despite an estimated 3.5% increase in the costs of delivering care, pointed out the American Medical Association (AMA). “For physician practices operating on small margins already, this means it is harder to acquire new equipment, harder to retain staff, harder to take on new Medicare patients, and harder to keep the doors open, particularly in rural and underserved areas,” said AMA President Bruce Scott, M.D., in a statement issued the same day. CMS on Nov. 1 also issued the 2025 Home Health Prospective Payment System Final Rule, which included a 0.5% aggregate increase in payments to home health agencies, compared to 2024. Read more© 2024 MMIT
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