Proposed Medicare cuts for physicians are both “unsustainable and unconscionable,” the American Medical Association said in a news release.
The AMA noted that the cuts are “bad policy, bad timing and bad for patients.”
“Physicians are facing a triple whammy as pay reductions are pending on several fronts,” the organization said. “This unsustainable approach is threatening access to care.”
CMS has proposed a 3.36% reduction on top of a 2% reduction in 2023. Some physicians are also facing a Merit-Based Incentive System penalty next year.
Medicare physician payment has effectively declined 26% since 2001 even before inflation and the proposed cut for 2024 is factored in, the AMA said. Read more.
