Big Win: APTA-Supported Medicare Fix Passes CongressThe package, which combines additional funding and delays to planned cuts, will be signed into law before year's end. In a key victory for physical therapists and some three dozen other health professions, Congress has officially passed APTA-supported legislation aimed at offsetting most of a planned 3.75% cut to the conversion factor under Medicare Part B. The changes also avert across-the-board budget cuts and delay the return of the 2% "sequester" reduction next year. [Note: the bill was signed into law by President Biden a few hours after this article was published.] The win effectively blunts the worst, but not all, of the cuts finalized by the U.S. Centers for Medicare & Medicaid Services in its 2022 physician fee schedule rule, and marks another historic advocacy push by APTA, its members, and a long list of other provider and patient organizations. Click here to read more. |