CMS Medicare fee cuts: The altruism of physicians is used against them

KevinMD August 7, 2022
Nisha Mehta, MD

It’s onerous to concisely put into phrases how pissed off physicians are proper now. What number of different skilled teams on the market must combat to not have their compensation reduce a number of instances a yr? Lately, CMS launched its proposed doctor payment schedule for Medicare for 2023, which reduces the conversion issue by 4.42%. This compounds upon further cuts such because the resumption of a 2% Medicare cost reduce that went into impact July 1.

With the inflation fee at a 40-year excessive and the latest CPI at 9.1%, these cuts are significantly upsetting. The prices of working a medical apply are rising quickly as the price of companies, provides, hire, and staffing rise. And, in fact, physicians face elevated residing…

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