Two U.S. Senators, Sheldon Whitehouse, D-Rhode Island and John Barrasso, R-Wyoming, have introduced bipartisan legislation that seeks to create a two-year extension for a 5% bonus for doctors who participate in alternative payment models. The bonus is slated to go away in 2023, and with limited time left in the current legislative session, the bill seeks to stave that off.
Physicians Slam Fee Schedule Cuts, Call for Medicare Payment Reform revcycleintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from revcycleintelligence.com Daily Mail and Mail on Sunday newspapers.
The American Medical Association has criticized the new Medicare payment schedule proposed rule released last week by the Centers for Medicare and Medicaid Services, saying it fails to account for inflation in practice costs and "COVID-19-related challenges to practice sustainability." The proposed 2023 Physician Fee Schedule (PFS) conversion factor is $33.08, a decrease of