tci Medicare Compliance & Reimbursement - 2020 Issue Q3

Reimbursement: Feds Propose Major Cut to Conversion Factor

Plus: See E/M updates, telehealth expansion details, and more in PFS. If you were hoping the feds would offer Medicare providers a break in their 2021 reimbursement proposals after the craziness of the last six months, you are out of luck. In fact, proposed payment rate changes indicate rough times ahead for some specialties. Context: On Aug. 3, the Centers for Medicare & Medicaid Services (CMS) issued its Calendar Year (CY) 2021 Medicare Physician Fee Schedule (PFS) proposed rule. Though not as dense as last year’s behemoth, the 2021 proposal — at a hefty 1,350+ pages &mdash...

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