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Advocacy by ASHA and other groups has led to a law, the Consolidated Appropriations Act, 2024 (H.R. 4366), that will reduce Medicare Part B cuts from 3.4% to 1.7% for the remainder of 2024.
The remaining payment cut – which impacts nearly 50 types of physician and nonphysician professionals, totaling more than 1.2 million clinicians – is the result of an arbitrary and unfair formula that requires payments under the Medicare Physician Fee Schedule (MPFS) to remain budget neutral. |
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