Becker's Healthcare November 2, 2023
CMS has released annual payment updates for physicians, hospital outpatient settings and the Medicare Shared Savings Program as well as a remedy for the 340B-acquired drug payment policy.
1. The physician fee schedule conversion factor for 2024 is $32.74, a $1.15 (3.4%) decrease from the 2023 conversion factor of $33.89.
2. CMS is finalizing its proposal to make payment when practitioners train caregivers to support patients with certain diseases or illnesses — such as dementia — in carrying out a treatment plan. Medicare will pay for these services when furnished by a physician or non-physician practitioner or therapist as part of the patient’s individualized treatment plan or therapy plan of care.
3. CMS is finalizing...