n a letter to congressional leaders, the American Medical Association and every state medical society are telling Congress that any cut to Medicare payments will “undermine Medicare’s ability to deliver on its promises to seniors.”
What the groups want from Congress is action that would avert the entire 4.5% reduction to Medicare payment rates from being implemented on January 1, 2023, Healthcare Finance reports. This relief, the AMA said, will help provide short-term financial stability for practices until permanent, bipartisan payment reforms are enacted.
Congress has until January 1 to avoid the cuts, which the medical groups stressed would prove harmful to seniors seeking healthcare.
“We cannot overstate the importance of Congress stopping the entirety of the upcoming 4.5% reduction,” according to the letter, which was signed by all 50 state medical societies, as well as Washington, D.C. Read more.
