Radiology Business November 3, 2023
The Centers for Medicare & Medicaid Services on Thursday issued the final 2024 physician fee schedule, which includes radiologist pay cuts and a pause of the imaging Appropriate Use Criteria program.
CMS has finalized a 2024 conversion factor (the dollar amount used to convert RVUs into payment) of $32.74, a 3.4% (or $1.15) decrease from last year. Absent any congressional action, diagnostic radiology will face a 3% pay decrease, while interventional specialists will see an aggregate 4% decrease, versus a 3% drop for radiation oncologists, experts estimated.
The actual impact could be worse, the American College of Radiology noted, as these numbers do not account for payment changes tied to the Consolidated Appropriations Act. Physician advocacy groups including the American...
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