CMS Final Rule 2023: Impact on Physician Reimbursement and Healthcare Facilities (Health & Beauty - Health Services)
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Item ID 132796233 in Category: Health & Beauty - Health Services
CMS Final Rule 2023: Impact on Physician Reimbursement and Healthcare Facilities | |
Despite the American Medical Association’s (AMA) strong protests regarding a 26 percent decrease in physician reimbursement from 2001 to 2023, it seems that these objections have not been heeded. On November 2, the Centers for Medicare & Medicaid Services (CMS) announced their final policy changes, which include significant reductions in reimbursement for the upcoming year. During the pandemic, CMS temporarily waived the 2 percent sequestration reduction that was initially implemented in 2013. This 2 percent sequestration adjustment was reinstated after the pandemic, with full implementation in 2023. Under the recently announced CMS final rule, physicians are slated to face an additional 3.4 percent reduction next year, in addition to the existing 2 percent decrease already in effect. This reduction coincides with the highest-ever increase in the Medicare Economic Index (MEI), which is partially based on physician operating costs, rising from a previous 3.8 percent to 4.6 percent. | |
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| Target State: California Target City : Glendale Last Update : Nov 08, 2023 4:50 AM Number of Views: 62 | Item Owner : Brian Thomas Contact Email: Contact Phone: +1 08668542714 |
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2024-09-07 (0.385 sec)