December 21, 2022 — The American College of Radiology (ACR) released the following statement in response to Congress’ year-end action in omnibus legislation that includes measures to reduce drastic Medicare physician pay cuts scheduled to take effect Jan. 1.
Despite continued advocacy efforts throughout the year from a united medical community to stop the cuts, Congress negotiated only a partial increase to the Medicare conversion factor of 2.5% for 2023 and a 1.25% adjustment for 2024, rather than providing the full 4.5% increase sought by providers.
“At a still precarious time for practices coming off a pandemic, with increased inflation, and already declining reimbursement, we are disappointed Congress has not protected patient access to care by fully offsetting these added cuts. All of medicine must work with lawmakers in 2023 to enact Medicare payment reform that stabilizes the provider environment and safeguards patient access to lifesaving care in their communities.”
For more information: www.acr.org