CMS gives us a real good one here.
Looks like we get a lovely 3.75% decrease. Do you think my malpractice carrier will decrease my premiums by 3.75%? Do you think my staff will accept a 3.75% decrease in their wages?
I'm well aware that it's not a 3.75% decrease across the board and varies from code to code (some codes actually will see an increase).
I'm also aware there is not much CMS can do- it's hands are tied by the idiotic concept of budget neutrality.
Chances are congress will stop the cuts (like they did last year and for many years before) and give everyone a little pay bump....but that brings up the question- Why don't we develop an actually sustainable way for adjusting the fee schedule instead of playing this game every year?
Calendar Year (CY) 2022 Medicare Physician Fee Schedule Proposed Rule | CMS
On July 13, 2021, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that announces and solicits public comments on proposed policy changes for Medicare payments under the Physician Fee Schedule (PFS), and other Medicare Part B issues, on or after January 1, 2022.
www.cms.gov
Looks like we get a lovely 3.75% decrease. Do you think my malpractice carrier will decrease my premiums by 3.75%? Do you think my staff will accept a 3.75% decrease in their wages?
I'm well aware that it's not a 3.75% decrease across the board and varies from code to code (some codes actually will see an increase).
I'm also aware there is not much CMS can do- it's hands are tied by the idiotic concept of budget neutrality.
Chances are congress will stop the cuts (like they did last year and for many years before) and give everyone a little pay bump....but that brings up the question- Why don't we develop an actually sustainable way for adjusting the fee schedule instead of playing this game every year?