Docs, Hospitals Raise Concerns With MedPAC’s 2024 Pay Recommendations

The Medicare Payment Advisory Commission officially sent its pay recommendations for 2024 to Congress Wednesday (March 15), and physicians immediately lashed out that MedPAC’s proposals wouldn’t be enough to compensate for their rising costs while safety net providers said the policies could shift funding away from hospitals that need it. For 2024, MedPAC specifically calls for Congress to update the 2023 Medicare pay rate for physicians and others by 50% of the projected increase in the Medicare Economic Index, as...