IPAB would have the authority to issue binding recommendations to Congress that reduce the per capita rate of growth of Medicare spending if spending exceeded a target growth rate and its recommendations would be automatically implemented unless Congress acted in opposition.
Other groups who signed the letter include the American College of Surgeons, American Urological Society and the Society for Vascular Surgery.
Read the letter opposing a Medicare IPAB.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.