CBO: Finance Bill’s PFS Cuts Mitigation Would Cost $670M, APM Bonus Extension $680M

By Michelle M. Stein / November 7, 2023 at 7:15 PM
More than 50 provider groups -- mostly specialists -- are pushing lawmakers to mitigate the entire 3.4% conversion factor cut laid out in the final 2024 Medicare physician fee schedule -- coming as the Senate Finance Committee prepares to take up a partial mitigation policy that the Congressional Budget Office estimates would cost $670 million over 10 years, as well as a partial extension of the alternative pay model bonus that CBO estimates would cost another $680 million. CMS finalized...

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