DecisionHealth, DecisionHealth - 2023 Issue 1 (January)

CMS posts new +2.4% conversion factor for 2023 Medicare fees

On the heels of the omnibus spending bill that President Biden signed into law Dec. 29, CMS has taken up one of its imperatives to scale down the reduction in Medicare payments. The agency posted a revised conversion factor of $33.8872, replacing the $33.0607 amount originally released with the final 2023 Medicare physician fee schedule.

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