Lexology November 9, 2023
Last week, the Centers for Medicare and Medicaid Services (CMS) released its 2024 Medicare Physician Fee Schedule (MPFS) Final Rule. The American College of Radiology and Healthcare Administrative Partners have each released excellent summaries highlighting radiology-specific aspects of the final rule.
The downward march of the MPFS conversion factor will continue to push payments for physician services lower, absent Congressional intervention. The rule sets the conversion factor (CF) a $32.7442, which is 3.37% lower than the $33.8872 CF used for the 2023 fee schedule.
CMS is allowing the HCPCS add-on code G2211 (visit complexity inherent to evaluation and management services) to become active on January 1, 2024. As we reported earlier, a Congressionally-imposed three-year moratorium on the use of the...
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