VIDEO: Nephrologists facing a 5% pay cut for in-office procedures in 2023
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Key takeaways:
- Primary care physicians benefited from the budget neutrality rule in Medicare spending, leading to pay cuts to nephrologists for in-office procedures.
- There will be about a 5% cut during 2023.
NEW ORLEANS — In this interview from the Renal Physicians Association Annual Meeting, Robert Blaser discusses how recent data on clinical labor costs impacted pay cuts for in-office procedures in 2023.
“Of course, they should be using the most recent data possible to figure out how they're going to pay people. But in a budget-neutral world, the way this played out is that primary care benefited from this change and in-office procedures had to take a big hit to pay for it,” Blaser, director of public policy for the RPA, said in the video.
“CMS has to figure out a way to fix this or I would say Congress gives some sort of exemption to budget neutrality for in-office procedures because this hurts [physicians] on the kidney care front,” Blaser said.