Commissioners Support Annual Inflation-Based Update for Physician Payment; Will Make Recommendations to Improve Payment Accuracy

Commissioners Support Annual Inflation-Based Update for Physician Payment; Will Make Recommendations to Improve Payment Accuracy

The Medicare Payment Advisory Commission (MedPAC) convened a session to discuss a policy option to update Medicare physician fee schedule (PFS) rates as well as an option to improve the accuracy of these rates. Principal Policy Analysts Brian O’Donnell and Geoff Gerhardt reviewed Commissioners’ primary concerns with the current fee schedule updates, specifically that Medicare Economic Index (MEI) growth is projected to exceed… (Testa, November 7, 2024) #Costs, #Physicians