Senate Passes Legislation to Halt Medicare Physician Payment Cuts Last evening, the Senate passed legislation halt Medicare physician payment cuts that were scheduled to take effect on January 1. President Biden is expected to sign the bill into law. Highlights of the physician payment provisions include: A delay in resuming the 2% Medicare sequester for three months (January 1- March 31, 2022), followed by a reduction to 1% for three months (April 1-June 30, 2022). A one-year increase in the Medicare Physician Fee Schedule of 3% (0.75% less than the conversion factor boost provided for 2021). A one-year delay in the cuts ... December 10, 2021 Advocacy, Medicare Legislation, Medicare, Senate 0 0 Comment Read More »
