HealthIT Answers August 29, 2023
On July 13, the Centers for Medicare & Medicaid Services (CMS) released a 1,920-page proposed rule that would update payment policies and programs regarding Medicare payments to physicians and other providers under the Physician Fee Schedule (PFS) on or after January 1, 2024. Every year, industry stakeholders anticipate the release of this annual regulation because it updates the rules governing Medicare’s value-based programs and physician payment system.
The proposed rule is open for public comment through September 11. Following the close of the public comment period, CMS will issue a final rule in late October or early November ahead of the January 1, 2024 implementation. While the lengthy rule includes numerous provisions, most notably it would:
- Reduce Medicare payment...
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