The Alliance of Specialty Medicine wrote a letter in support of H.R. 6160, the Strengthening Medicare for Patients and Providers Act, which would provide an annual inflationary update for Medicare physician payment tied to the Medicare Economic Index (MEI).
Because of the year-over-year reductions in Medicare reimbursements over the past several years, more and more physician practices have been forced to take drastic measures, such as limiting the number of Medicare patients they see, consolidating with larger hospital or health care systems, which increases costs to the Medicare program, or retiring early and permanently closing their doors.
The bill has been introduced by Reps. Raul Ruiz (D-CA) and Gus Bilirakis (R-FL) and offers a permanent solution to address the systemic issues with the Medicare Physician Fee Schedule.
You can read the full letter by clicking on the link below.
Alliance Letter in Support of HR 6160 Strengthening Medicare for Patients and Providers Act
