Interpreting the Medicare Physician Fee Schedule Proposed Rule for 2023

Date August 24, 2022
Categories
Article Authors
Corey Shaner

In July, the Centers for Medicare and Medicaid Services (CMS) released its initial proposal for changes to the 2023 Physician Fee Schedule. The most notable change is a 4.4 percent reduction in the conversion factor from $34.61 in 2022 to $33.08 in 2023. While there are several components to Medicare’s payment methodology, the conversion factor has the largest impact on overall payment, as it is applied to all relative value unit components as well as geographic adjustments.

Continue reading “Interpreting the Medicare Physician Fee Schedule Proposed Rule for 2023”

In July, the Centers for Medicare and Medicaid Services (CMS) released its initial proposal for changes to the 2023 Physician Fee Schedule. The most notable change is a 4.4 percent reduction in the conversion factor from $34.61 in 2022 to $33.08 in 2023. While there are several components to Medicare’s payment methodology, the conversion factor has the largest impact on overall payment, as it is applied to all relative value unit components as well as geographic adjustments.

Continue reading “Interpreting the Medicare Physician Fee Schedule Proposed Rule for 2023”

In July, the Centers for Medicare and Medicaid Services (CMS) released its initial proposal for changes to the 2023 Physician Fee Schedule. The most notable change is a 4.4 percent reduction in the conversion factor from $34.61 in 2022 to $33.08 in 2023. While there are several components to Medicare’s payment methodology, the conversion factor has the largest impact on overall payment, as it is applied to all relative value unit components as well as geographic adjustments.

Continue reading “Interpreting the Medicare Physician Fee Schedule Proposed Rule for 2023”
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