tci ED Coding & Reimbursement Alert - 2022 Issue Q3

News You Can Use: 2023 Proposed Rule Features Conversion Factor Cut

Don’t expect another 3% boost for next year. With COVID still causing trouble and practice costs on the rise due to inflation, many assumed the feds would keep things status quo for the 2023 policymaking cycle. But their proposals indicate otherwise, and Medicare providers may want to prepare now to tighten their belts and get ready for some compliance-related changeups. Background: On July 7, the Centers for Medicare & Medicaid Services (CMS) issued its calendar year (CY) 2023 Medicare Physician Fee Schedule (MPFS) proposed rule, continuing its pandemic-inspired focus on health equity and access to safe, affordable...

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