Becker's Healthcare January 7, 2025
Here are five issues anesthesia providers are watching as we begin 2025:
1. Reimbursement. Declining reimbursement rates continue to be a significant issue in the anesthesia industry. In November 2024, CMS finalized a 94-cent (2.83%) conversion factor decrease from 2024. The physician fee schedule conversion factor for 2025 is $32.35, down from $33.29 in 2024. Physicians and medical groups have expressed concern over the decrease in reimbursements, sharing that year-over-year decreases are proving unsustainable for many.
Repeated cuts to reimbursement have intensified impacts on anesthesia groups trying to balance soaring operational costs alongside increased demand for their services.
“There’s going to be a breaking point for smaller companies like mine. I hire [certified registered nurse anesthetists] to work for...