Becker's Healthcare November 1, 2024
CMS released its 2025 physician payment rule, which includes 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, according to a Nov. 1 CMS news release.
The final rule was met with criticism by the American Medical Association and the Medical Group Management Association.
“To put it bluntly, Medicare plans to pay us less while costs go up,” AMA President Bruce Scott, MD, said in a Nov. 1 statement. “You don’t have to be an economist to know that is an unsustainable trend, though one that has been going on for decades. For physician practices operating on small margins already, this means it...
Today's Sponsors
Today's Sponsor