In a letter to House and Senate leaders with jurisdiction over Medicare payments, the Alliance of Specialty Medicine urged action on the stagnant reimbursements to physicians.  “As the year comes to a close, the Alliance writes to urge Congress to quickly address the unresolved need to provide positive updates to the Medicare Physician Fee Schedule (MPFS) Conversion Factor,” the specialty coalition wrote.  The Alliance explained that under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), beginning in calendar year (CY) 2020, payments under the MPFS are slated to receive 0 percent updates for six years, until 2026. “In all likelihood, due to additional statutory provisions that require budget neutrality, the 0 percent updates will translate to reductions in the MPFS conversion factor – meaning payments to Medicare physicians will decrease over the six-year period,” the Alliance further noted. To date, no action has been taken to address the MPFS rates; however, the Alliance continues its efforts to urge the Congress to prioritize the issue.  The complete letter can be accessed by clicking the link below.

Alliance Letter on Medicare Payment Updates