Senators not giving up on reversing CMS physician payment cuts during lame duck session -
Forty-one U.S. Senators from both sides of the aisle are urging the upper chamber’s leadership to allow a bill to be introduced during the lame duck Congressional session to reverse the 2.83% Medicare physician pay cut that will take effect Jan. 1. Under the 2025 fee schedule, the conversion factor will fall from $33.29 this year to $32.35. The Senators are concerned the drop in compensation will push practices operating on small margins to close shop, particularly in rural and underserved areas.
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