MedPAC wants Congress to increase hospitals and clinicians’ 2024 Medicare payment rates, Axios reports.
Commissioners hashed out draft payment recommendations for providers in a marathon two-day meeting last week. The advisory agency looks poised to recommend that Congress increase Medicare payment to hospitals by 1% over what the law prescribes. MedPAC is also likely to recommend a pay boost for clinicians paid through the physician fee schedule and larger increases for providers caring for low-income traditional Medicare patients. MedPAC doesn’t often recommend pay increases for hospitals or clinicians. Rising costs factored into the 2024 draft recommendations, staff said during the meeting. Read more.
