Medicare Reimbursement Cuts
Over the past few years, decreasing reimbursement rates, coupled with increased labor and supply chain costs, make providing quality care increasingly difficult year after year. A more sustainable reimbursement system must be created so that providers are not subject to similar cuts during this critical time and medical groups can continue caring for their communities.
Congress continues to intervene by temporarily pausing the 4% or $36 billion in cuts to the Medicare program annually triggered by Pay-As-You-Go (PAYGO) rules. Also, policymakers provide annual partial relief to Medicare conversion factor cuts. These annual fire drills create unnecessary chaos, and patients and providers deserve a more stable system to ensure proper access to care. Congress needs to address these cuts with a long-term approach to reforming the system.