Physicians Face Proposed Medicare Reimbursement Cuts for 2025

Overall Medicare payments to physicians and clinicians would be reduced by an average of 2.93% next year under a proposed rule released Wednesday by the Biden administration.

In the proposed 2025 Medicare Physician Fee Schedule (RIN 0938-AV33), the multiplier, or “conversion factor” used to determine provider reimbursement in traditional Medicare, would drop from $33.29 this year to $32.36 next year.

Many specialty providers would be affected. Vascular surgeons, interventional radiolgists, and diagnostic testing facilities would see reimbursements decline by 2%, the proposal estimates. Plastic surgeons, orthopedic surgeons, and urologists would face a 1% reduction under the proposal from ...