decisionhealth Newsletters, Part B News - 2022 Issue 11 (November)
Pay cuts looming, advocacy groups turn to lawmakers for reprieve
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Article Overview
This article explains how the finalized 2023 Medicare physician fee schedule affects physician payment levels and why medical organizations are urging congressional action. It covers the broader impact of conversion factor changes, discusses advocacy responses from major physician groups, and outlines selected work RVU updates for new, revised, and potentially misvalued services under the physician fee schedule. It is relevant to medical coders, practice managers, reimbursement professionals, and anyone tracking Medicare payment policy.
Why This Topic Matters
The article matters because it summarizes payment policy changes that can affect reimbursement expectations across physician practices and highlights the Medicare policy environment that may influence year-end planning and advocacy monitoring.
Article Sections
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Payment cuts and advocacy response
Overview of the finalized Medicare physician fee schedule, the resulting pressure on physician payment rates, and reactions from physician and practice-management organizations.
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Revaluing services in the PFS
Discussion of Medicare physician fee schedule valuation updates for selected services, including broad changes affecting office and non-office E/M categories and other procedure groups.
What You Will Learn
- How the final 2023 Medicare physician fee schedule affects physician payment policy
- Why advocacy groups and medical societies are seeking legislative intervention
- What kinds of service valuation updates were included in the final rule
- How work RVU revisions can affect selected categories of physician services
Who Should Read This
- Medical coders
- Reimbursement specialists
- Practice managers
- Physician billing staff
- Healthcare compliance professionals
- Policy analysts
Codes Discussed
Code Ranges Discussed
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