Not rendering correctly? View this email as a web page here.
20-269-MKT AAD Breaking News - banner

AADA, house of medicine to Congress: Medicare overhaul needed 

The AADA is united with the entire house of medicine that legislation passed by Congress today to ease scheduled cuts in 2023 Medicare payments is inadequate and does not do enough to protect the viability of medical practices in communities across the U.S. The legislation reduces the cut from 8.5% to 2% in 2023 by waiving the 4% congressional Pay-As-You-Go (PAYGO) cut in 2023 and 2024 and reducing the 2023 conversion factor cut to 2% in 2023. An additional 1.25% cut to the conversion factor is also planned for 2024.

The AADA, along with the entire house of medicine, pushed hard for lawmakers to fully eliminate the cuts and enact a one-year inflation-based increase. However, members of Congress on both sides of the aisle cited a limited pool of funding and other health funding priorities as reasons full relief was not enacted.

“This fight is not over. Any cut is not acceptable,” said AADA President Mark Kaufmann, MD, FAAD. “Our practices are straining under increasing costs while the payments we need to cover those costs are being reduced!

“The stakes for our practices and our patients couldn’t be higher. We need a fair and reliable system that reflects the true costs we face in running our practices and provides updates that keep pace with inflation. Medicare payment needs a complete overhaul, and will keep applying pressure on the new Congress to do so.”