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arum98@gmail.com, Medicare payment situation

Medicare payment situation

These steps averted Medicare cuts totaling nearly 10% that would have been untenable during a typical economy and normal circumstances, but beyond reckless during the public health emergency we continue to face. We cannot overlook the fact that Medicare spending on physician services fell nearly $14 billion below expected levels in 2020 as people delayed or canceled health care services due to the pandemic, as detailed in a newly issued AMA Policy Research Perspectives report (PDF).

Throughout the pandemic, the AMA has worked closely with our partners to successfully mitigate Medicare physician payment cuts, including the measure President Joe Biden signed in April that protected an estimated $9.4 billion in physician practice revenue. At this point, fiscal recovery of medical practices should be the order of the day. The bipartisan agreement passed by Congress and signed by the president is a vital step to preserving the viability of physician practices and maintaining patient access to care.


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