The public comment period for the 2025 Medicare Physician Fee Schedule (PFS) and Quality Payment Program (QPP) proposed rule ends on September 9, 2024. Of major concern to physicians is the Centers for Medicare and Medicaid Services’ (CMS) proposal to enact an additional 2.8 percent Medicare payment reduction on January 1, 2025. Please join MSMS and the American Medical Association (AMA) in letting CMS know the devasting impact this cut will have on the ability to care for patients.
When MSMS met with CMS staff this summer, they stressed the importance of physicians sharing their stories about the affect the proposed rule will have on care delivery, financial sustainability, and administrative burdens. CMS will review all comments as they work to finalize the CY2025 PFS. Therefore, comments from physicians, MSMS, the AMA, and others can influence the outcome of the final PFS and QPP rule, which is typically released in November of each year.
The American Medical Association (AMA) released an analysis of the proposed rule, which summarizes key policy proposals. Read the AMA document here to learn more about the proposal including:
- The annual conversion factor
- Changes to Medicare telehealth
- Changes to the Merit-based Incentive Payment System (MIPS), including maintaining the current performance threshold
- New coding and payment proposals for services such as advanced primary care management services
- Updates to the Medicare Shared Savings Program (MSSP)
Submit your comments online by September 9th.
Additional helpful links include:
- CMS Press Release
- CMS Fact Sheet on the proposed 2025 Medicare Physician Payment Schedule
- CMS Fact Sheet on 2025 Quality Payment Program proposed changes
- CMS Fact Sheet on 2025 Medicare Shared Savings Program proposed changes
Please contact MSMS Reimbursement Advocate, Stacie Saylor, CPC, CPB, at ssaylor@msms.org if you have questions or would like to share specific concerns or support for any of the rule’s proposed provisions.
Also, would this be a decent social media post:
Comment online by September 9th to let CMS know of the devasting impact another Medicare payment reduction will have on the financial sustainability of your practice and ability to care for patients. The 2025 Medicare Physician Fee Schedule (PFS) proposed rule proposes to enact an additional 2.8 percent Medicare payment reduction on January 1, 2025. Read the AMA analysis here to learn more about CMS’s proposal.
