tci ED Coding & Reimbursement Alert - 2022 Issue Q4

News You Can Use: CMS Cuts CF Further Than Originally Proposed

Final rule makes conversion factor even lower. People who wanted the Centers for Medicare & Medicaid Services (CMS) to change its proposed conversion factor (CF) for 2023 got their wish. In a classic case of be careful what you wish for, the Medicare Physician Fee Schedule (MPFS) final rule posted on Nov. 1, and the coding community is already fretting about how the CF will affect the bottom line next year. Here’s the 2023 Conversion Factor For 2023, the final MPFS CF is $33.06, a decrease of 4.5 percent (or $1.55) from the CY 2022...

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