AMA CPT® Assistant - 2023 Issue 1 (January)

Medicare RBRVS Changes in 2023 (January 2023)

January 2023 pages 1-8 Medicare RBRVS Changes in 2023 Conversion Factor for 2023 (At time of publication on Dec 1, 2022) On November 1, 2022, the Centers for Medicare & Medicaid Services (CMS) released the Final Rule for the calendar year (CY) 2023 Medicare Physician Payment Schedule (MFS). For 2023, the Medicare conversion factor (CF) will be reduced by approximately 4.5% from $34.6062 to $33.0607. This reduction is largely a result of the expiration of a temporary 3% increase to the CF at the end of CY 2022 as required by law, as well as a...

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CPT® Assistant content is the official source for CPT® coding guidance. It is an instrumental tool when appealing insurance denials and validating coding to auditors. Monthly issues and an extensive archive provide comprehensive guidance on proper CPT® coding for past, present and upcoming code set releases. Archives date back to 1990 for historical use of codes, changes, rationales, coding tips and trends in the industry.

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