Committee Begins Discussion on Potential Medicare Physician Payment Reforms

Committee Begins Discussion on Potential Medicare Physician Payment Reforms

The Senate Finance Committee convened a hearing to begin discussions on a potential overhaul of the Medicare physician payment system. The hearing highlighted concerns regarding low physician adoption rates for Medicare reimbursements related to advance care planning, administrative burdens like prior authorization, and disparities in Medicare Advantage (MA) payments compared to traditional Medicare. Committee members heard from the following witnesses… (Colocho, April 12, 2024) #Accountable Care Organizations, #Chronic Diseases, #Costs, #Demonstration Programs, #Insurance Reform, #Medicare Access and Chip Reauthorization Act of 2015 (MACRA), #Medicare Advantage, #Physicians, #Prevention, #Primary Care, #Rural Health, #Telehealth, #Transparency, #Value-Based Insurance Design