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

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...