decisionhealth Newsletters, Coder Pink Sheets - 2020 Issue 10 (October)
Provider groups rally against planned 2021 Medicare rate cuts
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Article Overview
This article covers the proposed 2021 Medicare physician fee schedule changes, including the conversion factor update, budget neutrality adjustments, and projected payment impacts across multiple specialties and services. It also discusses responses from specialty societies, practice management groups, and advocacy organizations seeking federal intervention. The piece is relevant to medical coders, billing professionals, practice managers, and specialty groups tracking Medicare reimbursement policy.
Why This Topic Matters
The article explains a major proposed Medicare payment change that could affect reimbursement patterns, specialty-level fee impacts, and advocacy activity surrounding the 2021 fee schedule.
Article Sections
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Overview of the proposed Medicare fee schedule changes
Introduces the planned Medicare physician fee schedule update and the general reasons provider groups are concerned. Summarizes the payment-policy context and broad areas affected.
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Calculation of the CY 2021 PFS Conversion Factor
Presents the components used in the proposed physician fee schedule conversion factor calculation. Focuses on the update framework and related adjustments.
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Projected service-level and specialty-level impacts
Describes the anticipated reimbursement effects on selected services and on several specialty groups. Notes which provider categories are expected to be affected most.
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Calculation of the CY 2021 Anesthesia Conversion Factor
Outlines the separate anesthesia conversion factor discussion and its proposed adjustment components. Places the anesthesia changes in the broader fee schedule context.
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Rapid responses
Summarizes the reaction from medical organizations and specialty associations. Covers advocacy efforts directed at federal lawmakers and CMS policy concerns.
What You Will Learn
- How the proposed Medicare physician fee schedule is structured for 2021
- Which broad payment-policy factors are driving expected reimbursement changes
- How specialty organizations are responding to the proposed cuts
- Why budget neutrality is central to the article’s discussion
- What kinds of Medicare payment impacts are expected across services and specialties
Who Should Read This
- Medical coders
- Billing and reimbursement professionals
- Practice managers
- Healthcare administrators
- Specialty society staff
- Physician office personnel
Codes Discussed
Code Ranges Discussed
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