The Ministry of Health (the ministry) and the Ontario Medical Association (OMA) have been working together to implement physician compensation increases in accordance with the Arbitration Award (Award) for Year 1 of the 2024-2028 Physician Services Agreement (PSA).
The ministry and the OMA have agreed to implement an interim 9.95% compensation increase on physician payments for services rendered during the period of January 1, 2025 to March 31, 2025.
The temporary 9.95% increase will be applied as an across the board (ATB) increase to the value of Fee Schedule Codes (FSCs). This will be achieved through an update to the Fee Schedule Master (FSM). The Schedule of Benefits for Physician Services will not be updated for the temporary increase.
The 9.95% ATB compensation increase for Year 1 of the 2024-2028 PSA will be combined with the 2.8% ATB compensation increase from Year 3 of the 2021-2024 PSA, resulting in a compounded increase of 13.0286% to Fee-for-Service (FFS) payments for services rendered between January 1, 2025 and March 31, 2025.
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