tci Medicare Compliance & Reimbursement - 2021 Issue Q3

Reimbursement: CMS Proposes Major Cut to the 2022 Conversion Factor

Offer your opinion by the Sept. 13 deadline. If you thought that the feds would allow the conversion factor (CF) to remain status quo in 2022 due to COVID fallout, think again. A recent proposal indicates that the 3.75 percent increase will likely not be extended next year. Details: The Centers for Medicare & Medicaid Services (CMS) issued the Medicare Physician Fee Schedule (MPFS) proposed rule for calendar year (CY) 2022 on July 23 in the Federal Register. Annually, CMS reevaluates the CF in its fee schedule proposals — and the CY 2022 MPFS is no exception, offering...

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