The American Medical Association is undertaking a 2023-2024 physician practice expense data collection effort with an independent research partner, Mathematica. The AACU is in favor of this effort in order provide an accurate update of the Medicare Economic Index and believes this survey is essential to the collection of practice cost information for use in our advocacy to support physicians. We have signed on to a letter that will be provided to each medical practice as part of the Mathematica invitation to participate in the survey effort.
The data will be shared with the Centers for Medicare & Medicaid Services in late 2024 to update the Medicare Economic Index and the Resource-Based Relative Value Scale.