decisionhealth Newsletters, Part B News - 2023 Issue 12 (December)
PFS pain for 2024 selected codes is spread out, but still hurts
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Article Overview
This article reviews CMS’ annual physician fee schedule update for selected non-facility services and explains how the 2024 conversion factor change affects a group of commonly billed codes. It is written for providers and coders who track fee schedule trends, with context on year-over-year payment movement and the broader policy backdrop. The piece focuses on general payment-change patterns rather than detailed coding guidance.
Why This Topic Matters
It helps readers quickly assess whether the 2024 PFS selected-code update is relevant to their commonly billed services and understand the broader reimbursement trend without reading the full analysis.
What You Will Learn
- How CMS’ selected-code chart is used in annual physician fee schedule updates
- How the 2024 payment change compares with prior years at a high level
- Which broad service categories are highlighted in the discussion
- Why the article frames the update in the context of conversion factor changes and congressional action
Who Should Read This
- Physician coders
- Practice administrators
- Billing staff
- Revenue cycle professionals
- Health care providers
Codes Discussed
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