Medicare Payment Cuts Averted

Looming Medicare spending cuts that would have resulted in a combined 9.75% payment cut for physician practices on January 1, 2022, have been averted.

IPSIS shared our concerns directly with the Centers for Medicare and Medicaid Services (CMS) and Congress to advocate for your reimbursement, and we thank those of you who also contacted your representatives to address this important issue. Our voices were heard!

Highlights of the new physician payment provisions include:

• A delay in resuming the 2% Medicare sequester for three months (January 1- March 31, 2022), followed by a reduction to 1% for three months (April 1-June 30, 2022).
  
• A one-year, 3% increase in the Medicare Physician Fee Schedule conversion factor.
  
• Removal of the 4% Medicare PAY-GO cut and prevention of any additional PAY-GO cuts through 2022.
  
  

Help sustain this vital advocacy with your donations. The International Pain and Spine Intervention Society (IPSIS) is a tax exempt organization under US section 501(c)(3) of the Internal Revenue Code. As such, contributions are deductible to the extent allowed by law.