tci E/M Coding Alert - 2015 Issue 3
Reader Question: Look to April 1 for Another CF Reduction
Question: Has the new conversion factor been updated since it was released in error in 2014? Washington Subscriber Answer: Yes, CMS issued a correction to the physician fee schedule (PFS) in January. The update explained that the conversion factor (CF) for the period of Jan. 1 through March 31, 2015 is $35.7547. In 2014, CMS erroneously reported the CF update would be $35.8013. Watch for: According to CMS in the Federal Register Vol. 79, No. 219, “After March 31, 2015 the standard calculation of the PFS CF under the sustainable growth rate (SGR) formula would apply...
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