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.
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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
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Date: March 8, 2024
Contact: news@apta.org
Content Type: Article
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