Congress Passes $1.7 Trillion Omnibus Spending Package, Proposing Medicare PAYGO Physician Pay Cut of 2% Beginning in January 2023 with Continuation of 2% ACA Sequester Cuts

The important aspects of Omnibus include proposed pay cuts of 2% in 2023 for physicians, a reduction from 4.5%, and in 2024, the cuts will increase to 3.5%.

The Wall Street Journal described this as the ugliest Omnibus bill ever with a 4,155 page bill that most members will never read. This bill includes multiple provisions affecting healthcare providers:

1. Reduce the physician fee schedule cut from 4.5% to 2% for 2023 and 3.5% for 2024
2. Prevents the 4% statutory pay as you go sequester for 2 years
3. Provides extension of telehealth services for 2 years
4. The worst news is that:

  • There is no mention of 2% sequester cut from ACA. Consequently, the 2% sequester cut will continue. Obviously, this will result in 4% cut for physician fee schedule from 2022 (2% new cut + 2% sequester cut = 4%).
  • For facilities, sequester cut of 2% will be implemented through 2023.

There are also multiple changes on the Medicaid policy, which will remove ineligible of their Medicaid roles in April, regardless of when COVID-19 public health emergency ends.

As you well know, American Society of Interventional Pain Physicians (ASIPP) advanced advocacy to prevent all the cuts permanently. Obviously, we are extremely disappointed, along with almost all physician organizations. ASIPP will soon be providing you with appropriate activities for upcoming months and years as the new Congress steps in to remove these cuts permanently.

The new fee schedule, based on 2% and 4% cuts for 2023 for physicians and 2% cut for facilities, are available at www.asipp.org. Sample schedules are as follows:

To view the entire fee schedule go to the ASIPP members only website.

30 thoughts on “Congress Passes $1.7 Trillion Omnibus Spending Package, Proposing Medicare PAYGO Physician Pay Cut of 2% Beginning in January 2023 with Continuation of 2% ACA Sequester Cuts”

  1. Pingback: ขอ ฆอ.

  2. Pingback: ช่างซ่อมไฟ

  3. Its like you read my thoughts! You seem to know so much
    approximately this, such as you wrote the ebook in it or something.
    I believe that you could do with a few % to power the message house a
    little bit, but other than that, that is magnificent blog.
    A great read. I’ll certainly be back.

  4. Pingback: ร้านต่อผม

  5. Pingback: endolift

  6. I relish, lead to I found just what I used to be looking for.
    You have ended my 4 day long hunt! God Bless you man. Have a nice day.
    Bye

  7. Pingback: เว็บพนันแทงบอล คาสิโน บาคาร่า บริการเกมเดิมพันระดับโลก

  8. Pingback: big188

  9. Pingback: จองเรือ disney cruise

  10. I’m not sure where you are getting your information, but great topic.
    I needs to spend some time learning more or understanding more.
    Thanks for magnificent information I was looking for this information for my mission.

  11. Pingback: หวยเกาหลี

  12. An impressive share! I have just forwarded this onto a
    colleague who had been conducting a little homework on this.
    And he actually ordered me dinner because I found it for him…
    lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending time to discuss this issue here on your internet site.

  13. Pingback: read article

  14. First off I want to say fantastic blog! I had a quick question that
    I’d like to ask if you don’t mind. I was curious to find out how you center yourself
    and clear your head prior to writing. I have had a tough
    time clearing my thoughts in getting my ideas out.
    I do enjoy writing however it just seems like the first 10 to 15 minutes are lost
    simply just trying to figure out how to begin. Any ideas or tips?
    Many thanks!

  15. I have been surfing online more than 3 hours today, yet I by no means discovered any attention-grabbing article like yours. It is pretty value enough for me. In my opinion, if all web owners and bloggers made good content as you probably did, the internet can be a lot more helpful than ever before.

Leave a Comment

Your email address will not be published. Required fields are marked *