AMA CPT® Assistant - 2003 Issue 4 (April)

Overview of RBRVS Changes for CPT 2003 (April 2003)

April 2003 pages 1-3 Overview of RBRVS Changes for CPT 2003 As a result of a collaborative lobbying effort between specialty and state medical societies, the American Medical Association (AMA), was able to avert the 4.4% reduction and gain approval for a 1.6% increase in Medicare Physician Payments. The Centers for Medicare & Medicaid Services (CMS) usually announces annual updates of the relative values for services described by new and revised codes in the Physician Fee Schedule by November 1st. Once the relative values of these codes are determined by CMS, a conversion factor is used to...

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