Strategic Thinker | Innovator | Content Creator | Advocate | Survivor | Certified OTR/L
Medicare has consistently cut reimbursement for more than a decade. These cuts are unsustainable in a market like ours. Even if you don't work with Medicare clients, private payers use this same fee schedule to set their rates. BCBS of Nebraska only pays 75% of the Medicare Physician Fee Schedule, for example. It goes down, so does BCBS reimbursement. These cuts are not sustainable for our profession. Any attempt to innovate in OT is limited by #accesstocare issues like this. Let's hope this advocacy effort goes through, even if it still results in a 1.42% cut 2024 compared to 2023. #advocacy #occupationaltherapy
Congress is poised to pass legislation that will reduce the cuts to the Medicare Physician Fee Schedule (MPFS) - which took effect on January 1, 2024 – for the remainder of the year. Read our analysis: https://bit.ly/3Vb4Rlc
Occupational Therapist at STAR Institute
5moWe have to figure out what Florida did to get some of the money back. The problem is the AMA has so much more money than all allied health so they keep getting more while we keep getting the “at least it was only an X% cut, it was proboposed as an even bigger one”