Medicare physician pay system needs a real fix—not more patches
The AMA’s push to avert an 8.5% Medicare cut in the 2023 omnibus spending bill slowed down the wheels of a runaway train—but didn’t stop it completely.
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What makes RVUs so important to CPT content?
American Medical Association - AMA
The American Medical Association has developed a two minute video introduction to the value of Relative Value Units (RVUs), a key element of the Current Procedural Terminology (CPT®).
Current Procedural Terminology (CPT®) International
American Medical Association - AMA
See how the CPT® code set enables health systems outside of the U.S. to elevate patient outcomes, manage costs and improve productivity to expand access.
Implementation Framework
American Medical Association - AMA
The American Medical Association developed the Current Procedural Terminology (CPT®) Implementation Framework to support the understanding and successful adoption of CPT content. The downloadable Educational Handbook that explains the Framework is a resource to assist all audiences -- including leaders, teams, and individuals.
The CPT Editorial Panel
American Medical Association - AMA
What is CPT? The Current Procedural Terminology (CPT®) codes developed by the American Medical Association (AMA) are the language of medicine and the code to its future. This video gives you the meaning of CPT and the CPT Editorial Panel.
CPT® International
American Medical Association - AMA
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CPT codes drive standardization, interoperability and transparency to improve the quality of care.
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Modern and digitalized CPT codes help coordinate care, increase engagement and widen access to care.
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Standardized measurement unlocks efficiencies, informs predictive analytics and helps planning and managing resources.
CPT codes drive standardization, interoperability and transparency to improve the quality of care.
INCREASES ACCESS
Modern and digitalized CPT codes help coordinate care, increase engagement and widen access to care.
LOWERS COSTS
Standardized measurement unlocks efficiencies, informs predictive analytics and helps planning and managing resources.
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Description
The AMA’s push to avert an 8.5% Medicare cut in the 2023 omnibus spending bill slowed down the wheels of a runaway train—but didn’t stop it completely. Physicians will still see a 2% cut in Medicare pay this year, with at least a 1.25% cut in store for 2024.
Throwing in patches and preventing cuts year after year after year is not sustainable, warned AMA Senior Vice President of Advocacy Todd Askew.
“We spend all our time trying to prevent a 2% cut, a 4% cut, an 8% cut. And nobody on Capitol Hill or within the administration is focused on fixing the root problem—and that's the payment system itself,” Askew said during a recent episode of “AMA Update.”
Askew also discussed why a 2% cut might force some practices to reconsider Medicare, underscoring the urgency of reforming the Medicare payment system.
Throwing in patches and preventing cuts year after year after year is not sustainable, warned AMA Senior Vice President of Advocacy Todd Askew.
“We spend all our time trying to prevent a 2% cut, a 4% cut, an 8% cut. And nobody on Capitol Hill or within the administration is focused on fixing the root problem—and that's the payment system itself,” Askew said during a recent episode of “AMA Update.”
Askew also discussed why a 2% cut might force some practices to reconsider Medicare, underscoring the urgency of reforming the Medicare payment system.
