Much attention was focused this week on Medicare physician payment adequacy. The challenges of rising physician practice costs due to inflation and other factors caused the American Medical Association joined by numerous national medical societies -- as well as diagnostic imaging industry leaders -- to make separate appeals to Congress and the Centers for Medicare and Medicaid Services (CMS) for Medicare physician fee schedule (MPFS) payment increases in 2024. Also, the Medicare Payment Advisory Commission (MedPAC) recommended in its March 2023 report to Congress that there be an increase in the 2024 Medicare physician payment rate above current law with an inflation-based payment update tied to the MEI.

Click here to see the full article.