tci Medicare Compliance & Reimbursement - 2022 Issue Q4

Industry Notes: Medical Organizations Urge Congress to Thwart 2023 CF Cuts ASAP

You’re not the only one worried about the 4.5 percent decrease to the conversion factor (CF) that CMS outlined in the Medicare Physician Fee Schedule (MPFS) final rule for calendar year (CY) 2023. Update: In a Dec. 8 letter to Congress, more than 100 medical groups asked legislators to stave off the impending Medicare payment cuts slated to begin on Jan. 1. “On behalf of the American Medical Association (AMA) and the undersigned state medical associations representing hundreds of thousands of physicians and the patients they serve, we strongly urge Congressional action to prevent the entire...

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