Last week President Biden signed S. 610, the Protecting Medicare & American Farmers from Sequester Cuts Act, completing a last-minute Congressional effort to stave off Medicare cuts. The law will impact 2022 Medicare payments for family physicians in several ways:
Additionally, the law retains an update to clinical labor pricing included in the 2022 Medicare physician fee schedule final rule. Clinical labor pricing is used to calculate the practice expense portion of Medicare physician payment rates to account for the cost of staff salaries and benefits. The Centers for Medicare & Medicaid Services (CMS) has not updated the Bureau of Labor data factored into those calculations since 2002. CMS will update clinical labor pricing over four years to account for significant increases in the cost of employing clinical staff, which will benefit family medicine.
CMS and its MACs will be implementing the new law over the next few weeks to pay 2022 Medicare claims correctly.
— Kent Moore, senior strategist for physician payment, American Academy of Family Physicians
Posted on Dec. 17, 2021 by Kent Moore
Sign up to receive FPM's free, weekly e-newsletter, "Quick Tips & Insights," featuring practical, peer-reviewed advice for improving practice, enhancing the patient experience, and developing a rewarding career.