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

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...