AMA CPT® Assistant - 2008 Issue 1 (January)

2008 Medicare Physician Payment Changes (January 2008)

January 2008 pages 1-5 2008 Medicare Physician Payment Changes The 2008 Medicare conversion factors are as follows: Medicare Physician Payment Schedule $38.0870 Anesthesia $19.9698 The Medicare, Medicaid, and SCHIP Extension Act of 2007 provides for these conversion factors through June 30, 2008. See www.ama-assn.org/ama/pub/category/16397.html for updates. Coding Changes and Work Relative Values For the 2008 Medicare Physician Fee Schedule, the AMA/Specialty Society RVS Update Committee (RUC) reviewed Current Procedural Terminology (CPT) codes through the new and revised code process as well as through the Five-Year Review Process. For the new and revised code process...

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