H.R. 6369 extends financial incentive payments that Medicare offers to doctors and healthcare providers who participate in alternative payment models through 2026, postponing the phase-out of these incentives by one year. Currently, these bonus payments were scheduled to end in 2025, but the bill moves that deadline to 2026 and adjusts the payment reduction schedule accordingly. Healthcare providers who have received these incentive payments for four to seven years will see their 2026 payments reduced by 34 to 67 percent as part of a planned phase-out. The bill was introduced in November 2023 by Representatives Schrier and Dunn and was referred to the House Energy and Commerce and Ways and Means Committees. This legislation aims to give healthcare providers more time to transition away from the federal incentive program while still encouraging participation in alternative payment models designed to improve care quality and efficiency.
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