Rep. Greg Murphy (R-N.C.) worries that if nothing is done to curb Medicare payment cuts to physicians, doctors will no longer be able to afford to run their own private practices. “We’re at a crucible where if we don’t fight these cuts now, if we don’t get rid of them, we don’t reverse them, I don’t see how private practice survives,” Murphy said during The Hill’s “State of Medicare Physician Payments.” Medicare reimbursement payments for doctors were reduced for the fifth consecutive year on Jan. 1 when payments decreased by 2.83 percent. Some argue, however, that the cut is actually higher when inflation is taken into account.
Read the full article: Murphy Fears More Medicare Pay Cuts Will Kill Private Practice //
Source: https://thehill.com/policy/healthcare/5181643-murphy-fears-more-medicare-pay-cuts-will-kill-private-practice/