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Ep 5. Demystifying Medicare's Annual Payment Cuts: The Budget Rules That Force December Drama

Value Health Voices

Release Date: 12/12/2024

Ep 5. Demystifying Medicare's Annual Payment Cuts: The Budget Rules That Force December Drama show art Ep 5. Demystifying Medicare's Annual Payment Cuts: The Budget Rules That Force December Drama

Value Health Voices

Every November, Medicare proposes physician pay cuts and every December, Congress tries to walk them back. But why? Dr Anthony Paravati and Dr Amar Rewari break down the hidden budget rules forcing specialties to fight over a fixed pie, why the much-celebrated MACRA law of 2015 did nothing to fix it, and how successful health systems are adapting their strategy. This episode is short and sweet but there’s something for everyone. From basic, but often flubbed, must-know facts about the Medicare program to critical insights into payer contracting and service line decisions. Knowledge is...

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In this episode, Drs. Amar Rewari and Anthony Paravati discuss the nomination of RFK Jr. as the head of the Department of Health and Human Services. They explore his controversial views on vaccines, public health implications, agricultural policies, and the pharmaceutical industry. The conversation delves into the complexities of chronic disease management, the debate over fluoride in water, and the potential impacts of RFK Jr.'s policies on public trust in science and health. Chapters 00:00 Introduction 03:24 Early Career and Background on RFK Jr.  04:23 Vaccine Controversies and...

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More Episodes

Every November, Medicare proposes physician pay cuts and every December, Congress tries to walk them back. But why? Dr Anthony Paravati and Dr Amar Rewari break down the hidden budget rules forcing specialties to fight over a fixed pie, why the much-celebrated MACRA law of 2015 did nothing to fix it, and how successful health systems are adapting their strategy. This episode is short and sweet but there’s something for everyone. From basic, but often flubbed, must-know facts about the Medicare program to critical insights into payer contracting and service line decisions. Knowledge is power - especially when billions are at stake.

Chapters

00:00 Introduction to Medicare Cuts
03:47 Understanding the RVU and Conversion Factor
09:18 The Impact of Legislation on Physician Payments
14:13 The Role of MACRA and Future Considerations
19:40 The Broader Implications for Patient Care