H.R. 2474 · 118th Congress
Strengthening Medicare for Patients and Providers Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
172 cosponsors · 125 D, 47 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill modifies certain adjustments to payment amounts under the Medicare physician fee schedule.
What it does: CRS summary · Introduced in House · Apr 3, 2023
Strengthening Medicare for Patients and Providers Act
This bill modifies certain adjustments to payment amounts under the Medicare physician fee schedule.
Payment amounts under the Medicare physician fee schedule are based on a service's relative value, a conversion factor, and a geographic adjustment factor. Current law provides for separate conversion factors for physicians that are qualifying participants in advanced alternative payment models (also known as qualifying APM participants) and for other physicians beginning in 2026, with an annual update of 0.75% and 0.25%, respectively.
The bill replaces the separate conversion factors for qualifying APM participants and other physicians with a single conversion factor and provides for an update that is equal to the annual percentage increase in the Medicare Economic Index, beginning in 2024. (The Medicare Economic Index is a specialized index that is generally used to determine allowed charges for physician services based on annual price changes.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Strengthening Medicare for Patients and Providers Act
Latest action (Dec 17, 2024): Referred to the Subcommittee on Health.
Policy area: Health · Origin: House · Introduced: Apr 3, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.