OSMA Urges Congress to Stop 4.5% Medicare Payment Cuts

The OSMA joined the AMA and other state medical organizations in urging Congress to stop a 4.5% decrease in physician Medicare payments, slated to begin in 2023. The 4.5% cut stems from the combination of the expiring 3% increase to the MPFS conversion factor that Congress enacted via the Protecting Medicare and American Farmers from Sequester Cuts Act, and a new 1.5% budget-neutrality reduction related to payment changes for evaluation-and-management (E/M) services in the nonoffice setting.

“This desperately needed relief will help provide crucial short-term financial stability for practices until permanent, bipartisan payment reforms are enacted,” says the letter (PDF) signed by the AMA and all 50 state medical associations and sent to House leaders Nancy Pelosi and Kevin McCarthy, and Senate leaders Chuck Schumer and Mitch McConnell.

Please take a moment and contact your Senators and Representatives to tell them to cancel the cuts to protect physician practices and preserve patient access to care.