Physician Fee Schedule: Use It or Lose It?

 Policy experts debate its advantages and disadvantages

  • by  Washington Correspondent, MedPage Today

WASHINGTON -- Does the Medicare Physician Fee Schedule have a role in the move towards value-based payment, and if so, how much time and resources should be devoted to fixing it? Policy scholars tackled this question at a USC-Brookings Schaeffer Initiative for Health Policy briefing on Tuesday.

"I think we need to be paying a lot of attention to the fee schedule, while we are also trying to support alternative payment models," said Robert Berenson, MD, an Institute fellow at the Urban Institute, which co-hosted the briefing. Berenson oversaw Medicare payment policy and private health plan contracting for the Centers for Medicare and Medicaid Services (CMS) from 1998 to 2000. 

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