BC Advantage - 2024 Issue 12
Medicare Finalizes 2025 Fee Schedule Cut
Absent any last-minute Congressional action, physicians will suffer a 2.83% fee schedule reduction for 2025. This is slightly more of a cut than had been predicted in the Medicare Physician Fee Schedule (MPFS) Proposed Rule that was issued in July. As we reported in our analysis of the Proposed Rule, this reduction in payments continues a trend that has seen the Medicare fee schedule reduced by nearly 10% over the past 10 years. The Conversion Factor (CF) in the 2025 Final Rule is $32.3465, compared with $33.2875 that has been in effect for most of...
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