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- CAP, ACR and over 120 Medical Organizations Ask Congress to Stop Physician Medicare Cuts Before 2025
The CAP, American College of Radiology (ACR), and more than 120 medical organizations and societies are lobbying Congress to pass legislation to stop the 2.8% Medicare physician payment cuts that are set to take effect on January 1, 2025. The groups sent a letter to both the House and Senate on September 10, calling on Congress to eliminate the cuts by increasing the Medicare Physician Fee Schedule conversion factor and ensuring that Medicare payments to physicians in 2025 and beyond are adjusted each year with an inflationary update.
Bipartisan legislation has been introduced in the House to add a permanent MEI-based inflationary update to the Medicare physician fee schedule - the Strengthening Medicare for Patients and Providers Act. Additionally, two bills currently pending before Congress – the Providers Reimbursement Stability Act and the Physician Fee Stabilizations Act – have been introduced to provide changes to the budget neutrality requirements and help ensure payment stability in the future.
CAP members can urge their representatives and senators to pass legislation that ensures financial security for pathologists and preserves patients' access to care by using the CAP’s Action Center.