Strengthening Medicare for Patients and Providers Act
- Last Action
- 12/17/2024
Actions
- 2024-12-17Referred to the Subcommittee on Health.
- 2023-04-14Referred to the Subcommittee on Health.
- 2023-04-03Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-04-03Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-04-03Introduced in House
- 2023-04-03Introduced in House
CRS Summary
As of 2023-04-03 (00)
Strengthening Medicare for Patients and Providers Act
This bill modifies certain adjustments to payment amounts under the Medicare physician fee schedule.
Payment amounts under the Medicare physician fee schedule are based on a service's relative value, a conversion factor, and a geographic adjustment factor. Current law provides for separate conversion factors for physicians that are qualifying participants in advanced alternative payment models (also known as qualifying APM participants) and for other physicians beginning in 2026, with an annual update of 0.75% and 0.25%, respectively.
The bill replaces the separate conversion factors for qualifying APM participants and other physicians with a single conversion factor and provides for an update that is equal to the annual percentage increase in the Medicare Economic Index, beginning in 2024. (The Medicare Economic Index is a specialized index that is generally used to determine allowed charges for physician services based on annual price changes.)
Cosponsors (20)
- Larry Bucshon (R-IN)
- Ami Bera (D-CA)
- Mariannette Miller-Meeks (R-IA)
- Daniel Kildee (D-MI)
- Raja Krishnamoorthi (D-IL)
- ELEANOR NORTON (D-DC)
- Henry Cuellar (D-TX)
- SANFORD BISHOP (D-GA)
- Brandon Williams (R-NY)
- Andy Harris (R-MD)
- Bill Posey (R-FL)
- Don Bacon (R-NE)
- Lance Gooden (R-TX)
- Yadira Caraveo (D-CO)
- Terri Sewell (D-AL)
- Daniel Goldman (D-NY)
- Kim Schrier (D-WA)
- Deborah Ross (D-NC)
- Gabe Vasquez (D-NM)
- Mike Rogers (R-AL)
Subjects
- Health personnel
- Health programs administration and funding
- Medicare
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.