Congressional spending plan: What’s in it for healthcare, and what isn’t
Chief Healthcare Executive December 21, 2024
CMS 2025 Physician Fee Schedule Includes 2.9 Percent Pay Cuts for Physicians
Policy & Medicine December 20, 2024
The Centers for Medicare & Medicaid Services (CMS) has released the calendar year (CY) 2025 Revisions to Payment Policies under the Physician Fee Schedule (MPFS) and Other Revisions to Medicare Part B Final Rule, which includes proposals related to Medicare physician payments and the Quality Payment Program (QPP). Under the Final Rule, average payment rates under the PFS will be reduced by 2.93% in CY 2025 compared to the average for most of CY 2024. This change incorporates the expiration of the temporary 2.93% payment increase for CY 2024 required by statute, and an estimated 0.05% adjustment upward necessary to account for changes in work RVUs for some services. This change results in an estimated PFS conversion factor of $32.35,...
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