CMS maintains rate cuts in 2024, sticking with -3.4% CF cut

Why This Topic Matters

The final rule affects Medicare payment, telehealth coverage, supervision requirements, and which services CMS is reviewing for potential revaluation. Practices that bill Medicare Part B need to understand the scope of these changes for 2024 operational and reimbursement planning.

Article Sections

1. 2024 Medicare physician fee schedule overview

   Summarizes the final rule, its effective date, and the broad categories of policy updates included in the 2024 Medicare physician fee schedule.

2. Conversion factor and anesthesia payment updates

   Reviews the finalized payment update methodology and the overall impact on Part B reimbursement. It also notes that some services may be affected differently based on fee schedule inputs.

3. Examples of procedure and office visit payment changes

   Provides illustrative examples of payment impacts across selected musculoskeletal procedures and office visit services under the 2024 fee schedule.

4. Split/shared visits and remote therapeutic monitoring

   Describes policy updates related to split/shared services and supervision requirements for remote therapeutic monitoring performed by therapy assistants.

5. Telehealth changes and code additions

   Summarizes telehealth payment policy updates, temporary and permanent additions to telehealth services, and related extension provisions.

6. Potentially misvalued therapy codes

   Covers CMS review activity for therapy services that were added to the potentially misvalued codes list and the agency’s rationale for review.

7. Additional misvalued code decisions

   Notes other codes and code groups that CMS decided not to classify as misvalued in the final rule.