This week, Centers for Medicare & Medicaid Services (CMS) released the 2023 Medicare Physician Payment Schedule final rule. The AACU is reviewing the final rule, and remains concerned about the 8.5% payment cuts that physicians will face due to a combination of statutory and budget neutrality payment cuts.  

Before the end of the year, the AACU and other medical societies are urging Congress to:

  • Extend the Congressionally enacted 3 percent temporary increase in the MFS;
  • Provide relief for an additional 1.5 percent budget neutrality cut that is planned for 2023;
  • End the statutory annual freeze and provide an inflation-based update for the coming year; and
  • Waive the 4 percent PAYGO sequester necessitated by passage of legislation unrelated to Medicare.

Read the full letter.