Senate Finance Draft Bill Would Partially Mitigate PFS Cuts, Extend APM Bonuses

By Michelle M. Stein / November 2, 2023 at 8:23 PM
CMS on Thursday (Nov. 2) finalized a 3.4% cut to pay under the physician fee schedule on Thursday (Nov. 2), hours after Senate Finance Committee leaders released draft legislation that would mitigate an additional 1.25% of that cut and extend the alternative pay model bonuses beyond 2023, though those bonuses would again be cut in half. The legislation would also avoid the $8 billion per year cut to Medicaid Disproportionate Share Hospital pay for two years, as well as push...

Not a subscriber? Sign up for 30 days free access to exclusive, detailed reporting on drug pricing reforms, Medicaid policy, FDA news and much more.