Subsequent hospital fees to rise, office E/M fees to drop in ’23
Physician practices are facing a 4% cut to the conversion factor in CY 2023, and the fee losses are evident when looking at a list of high-volume procedures and services. For non-facility rates, only two of the nearly two dozen services on this list will see larger payments in the new year, according to a review of data CMS shared as an addendum file to the proposed 2023 Medicare physician fee schedule.
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