tci ED Coding & Reimbursement Alert - 2023 Issue Q1
Medicare Physician Fee Schedule: CF Cut Causing Coding Community Consternation
Congress still has time to act, however. The second the Centers for Medicare & Medicaid Services (CMS) released the Medicare Physician Fee Schedule (MPFS), the controversy began. Why? The conversion factor (CF) for 2023. Barring some last-minute legislation, deep CF cuts are coming. The MPFS final rule was posted on Nov. 1, and reaction has been swift and universal. Providers aren’t seeing a silver lining in this fee schedule CF. “My initial reaction to this change is ‘Wow, that’s a big decrease. There is no way that is not going to hurt physicians,’&rdquo...
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