What Congress’ $460B spending package means for physicians

President Joe Biden signed a $460 billion spending bill into law March 9 in an effort to avoid a partial government shutdown, CNBC reported March 9.

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The package, which was approved by the Senate on March 8, will keep a segment of the federal government funded until September. It covers funding for six major areas of government and includes a variety of provisions focusing on healthcare.

The agreement allows for a 2.93% increase in physician reimbursement through the end of 2024, according to the bill.

The package includes funding plans for the Food and Drug Administration, while funding for the HHS will need to be included in a second set of bills due before a March 22 cutoff, the report said. 

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