July 14, 2023

American College of Radiology comments on inaccurate estimates of proposed Medicare pay cuts

The American College of Radiology® (ACR®) released the following statement to correct misinterpreted cuts by some in response to the 2024 Medicare Physician Fee Schedule proposed rule released July 13. The statement may be attributed to Cindy Moran, executive vice president, ACR Government Relations/Economics.

“Some radiology organizations erroneously estimated a 10% provider reimbursement cut in the 2024 Medicare Physician Fee Schedule proposed rule released by CMS. Preliminary analysis by the American College of Radiology estimates the cut to be closer to 4-5%.

“Congress will be the ultimate decider in the final outcome of cuts radiologists face in 2024, underscoring the need for congressional action to permanently fix the Medicare physician payment system. The ACR will continue to work with Congress to build a permanent payment system that provides adequate provider reimbursement and guarantees Medicare beneficiaries have access to quality care.”

The College will release a detailed summary of the 2024 MPFS proposed rule in the coming days.