The Medical Group Management Association on Monday sent a letter to congressional leaders asking for a series of actions by the end of the year that it argues are needed to mitigate the impact of 2023 Medicare payment cuts to physicians, Healthcare Dive reports.
MGMA has been sounding the alarm for months about a projected 8.5% cut in Medicare payments next year, contending the reduction threatens the financial viability of group practices across the country. In a poll it conducted in August, 90% of medical practices reported that the expected payment cuts would reduce patient access to care, MGMA said.
Since Medicare finalized the 2023 physician fee schedule this month, MGMA and other healthcare organizations have stepped up calls for Congress to intervene, with the American Medical Association pushing for systemic reforms to Medicare pay. Read more.
