On Oct. 11, a bipartisan group of 232 members of the U.S. Home of Representatives submitted a letter to their management, calling for pressing motion to handle the scheduled 2.8% lower to the Medicare cost conversion issue for 2025. This marks the fifth consecutive 12 months that Medicare funds for physicians and well being care professionals can be lower below the Medicare doctor price schedule.
Highlighting the rising concern amongst well being care professionals who depend on Medicare reimbursements, this bipartisan letter is a constructive step towards halting the deliberate cuts. With Congress at present in recess till Nov. 12, addressing the Medicare doctor cost cuts stays a key precedence within the year-end lame-duck session, together with different well being care points.
The AASM continues to work with the American Medical Affiliation (AMA) and plenty of different well being care organizations to advocate for a legislative answer earlier than the cuts take impact, emphasizing that steady reductions in reimbursement charges might affect entry to care and the monetary viability of many practices.
Please ship any questions relating to 2025 Medicare doctor price schedule cost cuts to coding@aasm.org.