March 5, 2024 - MGMA statement on HHS' Change Healthcare announcement

FOR IMMEDIATE RELEASE:
March 5, 2024

Media Contact:
Emily Dowsett
Associate Director, Public Affairs
edowsett@mgma.com
 

MGMA statement on HHS’ Change Healthcare announcement

Anders Gilberg
Senior Vice President, Government Affairs
Medical Group Management Association

"MGMA appreciates today’s announcement from HHS following our feedback, as well as that of other affected physician and hospital organizations, on the devastating fallout from the Change Healthcare outage. These actions being taken by CMS will begin to provide our nation’s physician practices with a reprieve from the cascading administrative burdens currently threatening their viability and patient access to care. Physician practices are in no way immune to the significant cash flow problems resulting from this incident and are often far more vulnerable than hospitals able to carry larger financial reserves. CMS must require its contractors to extend the availability of accelerated payments to physician practices in a similar manner to which they are being offered to hospitals."

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About MGMA

Founded in 1926, the Medical Group Management Association (MGMA) is the nation's largest association focused on the business of medical practice management. MGMA consists of 15,000 group medical practices ranging from small private medical practices to large national health systems representing more than 350,000 physicians. MGMA helps nearly 60,000 medical practice leaders and the healthcare community solve the business challenges of running practices so that they can focus on providing outstanding patient care. Specifically, MGMA helps its members innovate and improve profitability and financial sustainability, and it provides the gold standard on industry benchmarks such as physician compensation. The association also advocates extensively on its members' behalf on national regulatory and policy issues.