Advisory Board November 6, 2023

CMS on Thursday issued two final rules updating the Medicare Physician Fee Schedule (MPFS) and the Outpatient Prospective Payment System (OPPS), and many industry groups argue the changes will hurt hospitals next year.

Details on the MPFS changes

In the MPFS final rule, CMS decreased MPFS’ conversion factor by 3.4%, which will lead to a 1.25% reduction in Medicare reimbursements next year.

However, family physicians stand to see gains from the full implementation of a new billing code that will increase payments for complex patient office visits.

The rule also expands...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: CMS, Govt Agencies, Health System / Hospital, Insurance, Medicare, Physician, Provider
CMS proposes new guardrails on Medicare Advantage prior authorizations, marketing
CMS finalizes new kidney transplant model: 10 things to know
CMS' proposed changes to Medicare Advantage: 10 things to know
Medicare Advantage Plans' Prior Auth Rules Would Be Made Public Under CMS Proposal
Prior authorizations, pharmacy transparency, vertical integration all part of the Medicare 2026 rule

Share This Article