After months of adopting temporary measures, Congress has approved a federal spending deal that provides partial relief to the 3.4% cut to the Medicare Physician Fee Schedule. The $460 billion package approved by both the Senate and House of Representatives includes a 1.68% boost in funding for the 2024 fee schedule’s conversion factor, leaving dozens of provider types including PTs with a 1.69% cut still in place. President Biden is expected to sign off on the package.
By using this site, you are consenting to our use of cookies. To find out more visit our privacy policy.
Spending Deal Reached: Includes Some Relief From Fee Schedule Cuts
The package includes a 1.68% boost to the fee schedule but falls short of totally eliminating the cut to dozens of providers.
Date: Friday, March 8, 2024
Share This
Resource Details
Date: March 8, 2024
Contact: news@apta.org
Content Type: Article
You Might Also Like...
News
Coalition Pushes Congress to Repeal MPPR as Part of Medicare Payment ReformMar 18, 2026
A coalition of national rehabilitation and health care organizations is urging Congress to repeal the Multiple Procedure Payment Reduction policy. The
Article
Payer Advocacy by the Numbers: APTA Members and Staff Driving ProgressFeb 4, 2026
Efforts from APTA members and staff led to 26 million-plus people having direct access to physical therapist services – and that's just one of the 21 regulatory
News
APTA Invited to Inform Key Congressional Caucus on Medicare Payment ReformJan 21, 2026
In response to an invitation to submit comments to the Congressional Doctors Caucus, APTA submitted extensive comments outlining the current payment challenges