April 19, 2023: MGMA and partner organizations send letter in support of H.R. 2474 to ensure Medicare physician payments keep up with inflation

April 19, 2023 
 

Dear Representatives Ruiz, Bucshon, Bera, and Miller-Meeks:

The undersigned national physician specialty societies and state medical associations commend you for introducing H.R. 2474, the Strengthening Medicare for Patients and Providers Act. This bipartisan legislation advances the ongoing need to provide financial stability to physician practices in order to preserve access to care for Medicare beneficiaries.

Providing an annual inflation update equal to the Medicare Economic Index (MEI) for Medicare physician payments is essential to enabling physician practices to better absorb payment distributions triggered by budget neutrality rules, performance adjustments, and periods of high inflation. It will also help physicians invest in their practices and implement new strategies to provide high-value care.

 

View the full letter