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- CAP signs on to Medicare payment reform letter
The CAP joined an American Medical Association (AMA) Federation sign-on letter supporting H.R. 8163, the Provider Reimbursement Stability Act, aimed at addressing instability in the Medicare Physician Fee Schedule (MPFS).
The impact: The bill would improve payment accuracy for physician services and help stabilize the MPFS. Medicare physician payment has not kept pace with inflation or rising practice costs, creating continued pressure on physician practices and patient access to care.
What's in the bill:
• Modernizes Medicare budget neutrality policies.
• Improves the accuracy of practice expense updates.
• Increases predictability in physician payment.
What's next: We'll share the full sign-on letter once it becomes available.