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- CAP, AMA Grassroots Advocacy to Mitigate Medicare Cuts Gets Bipartisan House Support
The CAP’s grassroots network, along with the American Medical Association (AMA) and other physician groups, answered the call during our October Recess Rally by urging congressional representatives to sign onto a House letter telling leadership to stop 2025 Medicare cuts. The letter included 233 co-signers (140 Democrats, 93 Republicans). It was led by Reps. Mariannette Miller-Meeks (R-IA), Jimmy Panetta (D-CA), Greg Murphy (R-NC), Raul Ruiz (D-CA), Larrry Bucshon (R-IN), Kim Schrier (D-WA), John Joyce (R-PA), and Ami Bera (D-CA).
House members want their colleagues to pass legislation to replace pending Medicare payment cuts with an inflationary payment update, make targeted adjustments to the Medicare Physician Fee Schedule’s budget neutrality requirements, and limit yearly changes to the conversion factor.
Pathologists are projected to receive a 2.4% cut in pathology payments in 2025.
With the proposed cut for 2025, over the last six years, payments to pathologists have decreased by approximately 7% while physician practice costs (medical supplies, lab personnel, professional liability insurance) have increased more than 17%. With inflation, in 2025 alone, pathologists are anticipated to experience a net 6% reduction in revenues as Medicare reimbursement is expected to fall by as much as 2.4% while expenses are expected to increase by 3.6%.
The Centers for Medicare & Medicaid Services (CMS) are expected to release the final 2025 Medicare Physician Fee Schedule on or about November 1, 2024.