Examining the Medicare Physician Fee Schedule, MACRA, and Opportunities for Payment Reforms

Health Care Costs and Drug PricingHouse Energy and Commerce Subcommittee on Health · 2026-05-20 · 119th Congress
The House Energy and Commerce Subcommittee on Health held this hearing to examine the Medicare Physician Fee Schedule, ten years after MACRA's enactment, and to consider reforms to the Merit-based Incentive Payment System (MIPS) and Alternative Payment Models (APMs). Begins at 0:10:27
Transcript
Highlights

Title

Reforming Medicare physician payment and MACRA's MIPS/APM programs

Purpose

The House Energy and Commerce Subcommittee on Health held this hearing to examine the Medicare Physician Fee Schedule, ten years after MACRA's enactment, and to consider reforms to the Merit-based Incentive Payment System (MIPS) and Alternative Payment Models (APMs). Members and five physician witnesses discussed the 33% inflation-adjusted decline in physician reimbursement since the early 2000s, budget-neutrality rules, site-of-service payment disparities, and the resulting consolidation of independent practices into hospital systems. The hearing also touched on broader affordability debates, including expiring ACA premium tax credits and Medicaid cuts. Begins at0:10:27

Who spoke

Chairman Morgan Griffith (R-VA)0:10:27: Opened by explaining the hearing's focus on MACRA reforms and MIPS/APM administrative burdens on small and rural practices0:13:45; later questioned witnesses on practice consolidation and budget neutrality0:56:21.

Rep. Diana DeGette (D-CO), Ranking Member0:16:07: Said Medicare physician payment has declined 33% in real terms since 2011 and Medicaid payments are even lower0:17:00; shared her daughter's experience as a primary care doctor and pressed witnesses on chronic-disease management1:01:27.

Rep. Brett Guthrie (R-KY), Full Committee Chairman0:21:31: Said the hearing builds on the committee's affordability series and that payment instability is driving consolidation0:21:57; later asked Dr. Fox and Dr. Furr about fee-schedule accuracy and MIPS burden on rural practices1:06:05.

Rep. Frank Pallone (D-NJ), Ranking Member of Full Committee0:23:55: Attributed health-system strain to Medicaid cuts in the "big ugly bill" and expiring ACA premium tax credits0:24:23; asked Dr. Mostashari and Dr. Furr about APM bonus design1:10:58.

Dr. William Fox, ACP Chair-Emeritus0:29:42: Testified his Charlottesville practice has 6–10 month waits for new patients0:31:27; recommended ending fee-schedule budget neutrality, supporting Advanced Primary Care Management (APCM) codes, and extending the 5% APM bonus0:33:31.

Dr. Steven Furr, family physician (Jackson, AL)0:34:31: Described a diabetic patient whose A1C fell from over 9 to 5.5 using GLP-1 injectables and in-office retinal scans0:35:29; said primary care gets under $0.05 of every health care dollar0:37:12 and urged permanent prospective payment options0:38:41.

Dr. Dana Smetherman, CEO, American College of Radiology0:39:54: Said radiologists don't control imaging volume yet face declining reimbursement0:40:45; urged passage of the ROOT Act, projected to save about $2 billion over ten years0:43:30.

Dr. Rick Snyder, President, HeartPlace PLLC0:44:39: Described the "magic elevator ride" — an echocardiogram costs $123 in his office versus over four times that one floor below in a hospital outpatient department0:46:30; said hospitals acquired nearly 33,000 physician practices and 181,000 physicians from 2018–20260:47:20.

Dr. Farzad Mostashari, CEO/Founder, Aledade0:49:59: Opened by honoring his mother, who died in hospice care while enrolled in an ACO0:51:10; argued MACRA's implementation has not created a meaningful gap between APMs and MIPS, and proposed making the APM bonus a site-neutral, per-patient payment paid immediately rather than after a two-year lag0:59:47.

Rep. Diana Harshbarger (R-TN), Vice Chair1:16:10: Discussed her ROOT Act and pressed Dr. Smetherman on its administrative fixes1:17:48; asked Dr. Furr how Medicare payment drives consolidation in rural areas1:19:52.

Rep. Raul Ruiz (D-CA)1:21:35: Cited a projected 86,000-physician shortage by 2036 and touted his bill (with Rep. Bilirakis), H.R. 6160, tying Medicare physician pay to the Medicare Economic Index1:23:33; got all five witnesses to affirm support for the bill1:26:13.

Rep. Gus Bilirakis (R-FL)1:26:41: Noted he co-sponsors H.R. 6160 and described his own late brother's career as an underpaid primary care physician1:31:50; asked Dr. Snyder and Dr. Smetherman about staffing and equipment pressures1:28:30.

Rep. Robin Kelly (D-IL)1:32:42: Shared that her late husband was a physician who made house calls1:33:06; asked Dr. Furr how underinvestment in primary care threatens rural access1:34:29.

Rep. Buddy Carter (R-GA)1:37:38: Noted he is a pharmacist and member of the Doctors Caucus; asked Dr. Schneider (Snyder) about facility-fee cost shifts and cited a CBO staff meeting where no one could name a case of consolidation saving money1:40:05.

Rep. Kim Schrier (D-WA)1:42:22: Described a Pullman, WA primary care practice told to stop seeing Medicare/Medicaid patients until profitable1:44:01; noted primary care physicians earn about $3 million less over a career than specialists1:47:07; later asked about capitated payment models and vertical integration concerns with Optum2:34:52.

Rep. John Joyce (R-PA)1:47:38: Asked Dr. Fox whether hospital acquisition of independent practices reduces personalized care and access1:48:03; had the panel raise hands affirming independent practice reduces systemwide costs1:49:30.

Rep. Lizzie Fletcher (D-TX)1:52:35: Said Houston-area physicians face declining reimbursement not keeping pace with inflation, forcing practice closures1:53:28; asked Dr. Fox about the impact of the missing inflationary update1:55:18.

Rep. Mariannette Miller-Meeks (R-IA)1:56:53: Cited a 30% increase in hospital inpatient base rates and 26% increase in outpatient rates since 2016 versus flat physician rates1:58:39; touted her bill, H.R. 8622, to replace MIPS2:01:45.

Rep. Marc Veasey (D-TX)2:02:27: Noted family medicine residency slots filled only 83% this year versus 100% for some specialties, and a projected 70,000 primary care physician shortage by 20382:03:20.

Rep. Troy Balderson (R-OH)2:07:35: Asked Dr. Mostashari about leveraging health IT to reduce administrative burden2:08:05; asked Dr. Fox and Dr. Snyder about inflation-based fee updates2:10:25.

Rep. Troy Carter (D-LA)2:13:06: Said 73% of his district lives in a primary care shortage area and Louisiana ranks fourth in chronic disease2:13:52; asked about GME training location's effect on rural retention2:14:37.

Rep. Pat Ryan (D-NY)2:18:44: Asked Dr. Furr how payment instability contributes to rural workforce shortages2:19:16; asked Dr. Snyder about cardiac PET scan reimbursement2:20:34.

Rep. Greg Landsman (D-OH)2:23:56: Questioned whether Medicare Trust Fund revenue adequacy, not just fee schedule policy, is the real issue, tying it to payroll tax structure2:24:34; exchanged views with Dr. Mostashari on health care spending versus prevention investment2:26:54.

Vice Chair Diana Harshbarger / Chairwoman (presiding later)2:29:14: Criticized administrative burden as "a load of BS" not improving care or cost2:29:38; asked witnesses for concrete MIPS simplification ideas2:31:46.

Rep. Lori Trahan (D-MA)2:45:10: Cited a 2020 study finding Medicare reimburses over 100 female-anatomy surgical codes about 30% less than comparable male-anatomy procedures2:45:30; asked Dr. Fox and Dr. Mostashari how this affects OB-GYN access and provider compensation2:47:19.

Key moments

Dr. Snyder's "magic elevator ride": an echocardiogram costs $123 (plus ~$24 copay) in his office but more than quadruples in price one floor below in the hospital outpatient department0:46:300:47:02.

Dr. Furr described a patient whose Hemoglobin A1C fell from over 9 to 5.5 over four years, with zero ER visits or hospitalizations, using weekly GLP-1 injections and in-office diabetic retinal scans0:35:010:35:57.

Dr. Mostashari disclosed his mother's death days earlier and credited her ACO enrollment for coordinated post-hip-fracture home care, prompting the Chair to call for a moment of silence0:50:250:55:53.

Snyder testified hospitals acquired nearly 33,000 physician practices and 181,000 physicians from 2018–2026, and that independent physicians fell from ~60% to ~18% of the workforce over roughly a decade0:47:202:00:11.

Smetherman said the ROOT Act (Rep. Harshbarger's bill) would save an estimated $2.4 billion in Medicare spending over ten years while reducing patient out-of-pocket costs and radiation exposure0:43:301:19:01.

Rep. Ruiz got unanimous support from all five witnesses for H.R. 6160, tying Medicare physician payment to the Medicare Economic Index1:26:13.

Rep. Carter said CBO staff, when directly asked, could not name a single example of health-care consolidation saving money1:40:05.

Rep. Trahan cited a 2020 study finding over 100 codes for female-anatomy surgeries reimbursed roughly 30% lower than comparable male-anatomy procedures, with some categories reimbursed up to 135% higher for male patients2:45:302:45:56.

Dr. Mostashari argued the APM bonus structure is flawed because payments arrive two years after enrollment and are tied to a percentage of billing rather than a flat per-patient, site-neutral amount, disadvantaging lower-paid primary care0:59:471:00:32.

Rep. Landsman challenged witnesses on whether the debate was really about insufficient Medicare Trust Fund revenue rather than payment policy alone; Dr. Snyder replied it is a "cost efficiency" issue, not insufficient spending, citing $4.8 trillion in 2023 national health spending projected to reach $8.7 trillion by 20332:24:592:26:54.

Metadata

CommitteeHouse Energy and Commerce Subcommittee on Health
Chamber / CongressHouse · 119th Congress
Date2026-05-20
TypeHearing
Witnesses
Dr. William Fox — Chair-Emeritus, Board of Regents
Dr. Steven Furr — Family Medicine Physician
Dr. Dana Smetherman — Chief Executive Officer, American College of Radiology
Dr. Rick Snyder — President, HeartPlace PLLC
Dr. Farzad Mostashari — Chief Executive Officer and Founder, Aledade, Inc.
Dr. William Fox — Chair-Emeritus, ACP Board of Regents
Videoyoutube
Transcript367 caption blocks · 26,389 words · 2:50:31 runtime
EventCongress.gov 119304