Becker's Healthcare March 25, 2025
The January 2025 Medicare Physician Fee Schedule (MPFS) release has landed. After spending weeks analyzing the numbers and comparing datasets, it’s clear that while some changes were expected, others might catch you by surprise. Whether running a small practice or managing a large healthcare organization, these updates will reshape your operational landscape in ways that deserve careful attention.
Core Payment Changes & Their Impact
Let’s start with the headline figure that’s got everyone talking: The conversion factor dropped to $32.3465 for 2025 from $33.2875 in 2024. This 2.83% reduction might seem modest in isolation, but it’s part of a concerning pattern. Looking back, we’ve watched the conversion factor erode from $34.6062 in 2022 to $33.8872 in 2023 to where we...
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