BC Advantage - 2021 Issue 1

Better late than never: Stimulus bill saves pain of conversion factor cut, also delays G2211

The 2021 Physician Fee Schedule (PFS) had included the largest one-year reduction to the Medicare conversion factor (CF) in more than 20 years, but it won't actually take effect because the CF is being increased as a result of provisions in the recently passed stimulus legislation.Originally, the 2021 CF was set to be $32.41, a decrease of $3.68 from the 2020 CF of $36.09. This would have been a 10.2% decrease. Instead, CMS has announced that the new CF for 2021 will be $34.8931, which is only a 3.3% decrease from 2020...

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