Congress Must Reform Medicare Physician Payment by End of 2022

On September 22, 2022, IPSIS joined the American Medical Association (AMA) and other medical societies in submitting a letter to Congress regarding upcoming reductions in physician payments. The letter requests that, prior to scheduled Medicare payment cuts taking effect in 2023, Congress:

• Provide relief from the scheduled 4.42% budget neutrality cut in Medicare physician fee schedule payments.
• End the statutory annual freeze and provide a Medicare Economic Index (MEI) update for 2023.
• Extend the 5% Advanced Alternative Payment Model (AAPM) participation incentive and halt the impossible-to-meet revenue threshold increase for five years to encourage more physicians to transition from fee-for-service into APMs.
• Waive the 4% Pay-As-You-Go (PAYGO) sequester triggered by passage of the American Rescue Plan Act.
  
  

IPSIS provides the voice of interventional pain medicine in advocacy efforts organized by the AMA as a result of the percentage of IPSIS members who maintain concurrent AMA. Help guarantee the IPSIS seat at this important table by maintaining your IPSIS and AMA membership.