Phoenix Virtual Solutions’ Post

ACT NOW! The Medicare physician payment system is unsustainable, and ASCO is calling on Congress to take this initial step to reform it. Pass the Medicare Patient Access and Practice Stabilization Act, which would stop the 2.8% cut to physician reimbursement in the 2025 Medicare PFS and provide an inflationary update equal to 50% of the Medicare Economic Index. Learn more & write to Congress about physician reimbursement: https://lnkd.in/eDGrjrnE

Legislation Introduced to Address Cuts in Medicare Physician Fee Schedule: This legislation seeks to halt the steady decline in Medicare reimbursement since 2001. The proposed rule for the Medicare Physician Fee Schedule (MPFS) for calendar year 2025 included a 2.8 percent decrease that is further magnified by increasing practice costs. Learn more: https://lnkd.in/exCu6q6x

Medicare cuts are back on the table, and this could hit your practice hard. The AMA and healthcare organizations are fighting for better payment systems—but what does this mean for you? Stay informed on the changes that could impact your bottom line and patient care. Want to avoid costly surprises? Read more here: https://lnkd.in/ebBUHp3s Follow us for expert tips to protect your practice from financial roadblocks! #personalinjurymadeeasy #chirolife #socalchiropractors

#ICYMI Medicare Finalizes 2025 Fee Schedule Cut Absent any last-minute Congressional action, physicians will suffer a 2.83% fee schedule reduction for 2025. This is slightly more of a cut than had been predicted in the Medicare Physician Fee Schedule (MPFS) Proposed Rule that was issued in July. As we reported in our analysis of the Proposed Rule, this reduction in payments continues a trend that has seen the Medicare fee schedule reduced by nearly 10% over the past 10 years. Read the full article here on our blog: https://hubs.ly/Q02Zyb1B0

RUMOR MILL!!! RELEASE OF CY 2025 MEDICARE PHYSICIAN FEE SCHEDULE (PFS) CMS just released the agenda for the Thursday, July 11 Physician Open Door Forum monthly call. The agenda includes a review of the 2025 Medicare Physician Fee Schedule Proposed Rule (it reads 2024 NPRM, but I think that is a typo and should be 2025 NPRM).   This seems to be an indication that the rule should be released between now (Monday, July 8) and Wednesday, July 10. #Medicare, #PFS, #PhysicianPayment

CMS recently included a new add-on code for ID physicians in its calendar year 2025 Medicare Physician Fee Schedule Final Rule. The new code would go into effect on Jan. 1, 2025. #IDSA #ID_society https://lnkd.in/erW9GiiV

CMS Proposes 2.8% Cut to Medicare Physician Fees for 2025 - Medpage Today: CMS Proposes 2.8% Cut to Medicare Physician Fees for 2025  Medpage Today

Private practice physicians: Are your patients confused about ACA or Medicare enrollment? Help them navigate their options confidently with insights from our latest blog. Discover answers to the most common enrollment questions and learn how to better support your patients during this critical time here: https://zurl.co/TXAU

2025 Medicare Physician Fee Schedule (PFS) Proposed Rule: Clears OMB The CY 2025 Medicare Physician Fee Schedule (PFS) Proposed Rule cleared the Office of Management and Budget (OMB) on July 1.  This is the last step of review before the rule's release. The rule should be released shortly. It is typically posted during the 4:15 PM ET drop on the day of its release. While my fingers had been crossed that it would not be released until after the 4th of July (the Biden Administration has never released a Proposed PFS before the holiday), I am no longer that confident. #Medicare, #PhysicianPayment

The latest Medicare updates have brought critical changes in reimbursement rates, expanded coverage, and billing procedures. Healthcare providers must adapt swiftly to ensure compliance and optimize billing practices for maintaining financial health and improving patient care. Keeping up with these changes is crucial for all involved in healthcare administration. Join UnisLink's webinar on Wednesday to stay informed about #MedicareUpdates, #HealthcareBilling, and #PatientCare. https://bit.ly/3WCd2Ia