CMS has published the 2024 Physician Fee Schedule, and the news is not good.
If Congress does not act, a sequestration order will be issued within 15 days of the end of the congressional session, reducing Medicare reimbursements by 4%, beginning in 2024. Please take action to preserve our patients’ access to care.
Medicare payment cuts for physicians in 2024 include:
Medicare Physician Fee Schedule Cuts = -3.36%
- The Centers for Medicare and Medicaid Services are proposing a -3.36% decrease in payments in 2024 for services under the Medicare Physician Fee Schedule.
- Medicare physician payment has been reduced 26% adjusted for inflation from 2001–2023.
Medicare Sequestration = -2%
- Medicare sequestration of -2% has now been extended through 2032, because of a temporary delay for 1½ years.
PAYGO = -4%
- PAYGO cuts of -4% have never been enacted in the past; however, if Congress leaves without action these will go into effect.
We encourage every ASIPP member to join us in the effort to contact every member of Congress. You can start by contacting the senators and representatives of your district. It is essential that we act soon and participate in meetings with members of our Congress, as well as starting a letter campaign involving physicians, providers, nurses, staff and most importantly, the patients.
Please see the enclosed fact sheet (FACT SHEET)
If you choose to send your own letters, here is a sample physician letter you may want to use: (PHYSICIAN SAMPLE LETTER)
Link to submit physician letter through VoterVoice: https://www.votervoice.net/ASIPP/Campaigns/108094/Respond
To get your patients involved, we have created a sample patient letter. You can ask your patients to sign the letter then have them or your staff enter the letter into VoterVoice: (PATIENT SAMPLE LETTER).
Link to submit patient letters through VoterVoice: https://www.votervoice.net/ASIPP/Campaigns/108065/Respond