Feb 23, 2023
WASHINGTON, DC — Today, the CardioVascular Coalition (CVC) announced it is supporting a letter sent by The United Specialists for Patient Access (USPA) to MedPAC, the Medicare Payment Advisory Commission (MedPAC). The letter outlines how ongoing cuts to office-based specialists under the Physician Fee Schedule are driving closures of community-based specialty care centers and causing a migration of services to higher cost sites-of-service.
Since 2006, specialties such as cardiology, radiology, radiation oncology, vascular surgery and others have been cut by 20-40% under the Physician Fee Schedule. Concurrent with these cuts, there has been an 11% decrease in private practice and an 11% increase in hospital employment or ownership of physician practices.
Jeffrey G. Carr, MD, an Interventional Cardiologist, Endovascular Specialist, and CVC Board member stated: “We strongly support the message USPA delivered to MedPAC because it relates to our members. Congress needs to step in and stop further cuts to office-based specialty centers from harming patients and forcing providers to close their doors. We also need Congress to focus on long-term solutions to a broken Physician Fee Schedule by working with providers to find solutions that benefit everyone.”