General Surgery Coding Alert - 2013 Issue 43
Part B Payment: Final 2014 Fee Schedule Confirms 20.1 Percent Conversion Factor Cut
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Article Overview
This article explains major payment changes in the final 2014 Medicare Physician Fee Schedule. It is relevant to physicians, coders, practice managers, and other healthcare billing professionals who follow Medicare Part B reimbursement updates, specialty-level payment impacts, and new chronic care management policy developments.
Why This Topic Matters
The article helps readers understand broad Medicare payment shifts that may affect practice revenue, specialty reimbursement, and planning for upcoming coding and billing changes.
Article Sections
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Medicare conversion factor update
Summarizes the finalized Medicare payment update and the broader context of the annual fee schedule change. It also discusses the role of federal and congressional action in the payment outlook.
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Specialty and service payment impacts
Describes which types of practices and procedures are expected to be most affected by the finalized schedule. The section focuses on general categories of physician services and specialty groups.
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Chronic care management for 2015
Introduces upcoming chronic care management policy changes and the creation of new service reporting concepts. It also addresses overlap concerns with other forms of care management and supervision.
What You Will Learn
- How the final 2014 Medicare Physician Fee Schedule affects Part B payment trends
- Which broad specialty areas and service types are discussed as being most impacted
- What general chronic care management changes are being introduced for 2015
- How the article frames the relationship between new care management services and other Medicare-covered services
Who Should Read This
- Physician practices
- Medical coders
- Billing staff
- Practice managers
- Healthcare reimbursement professionals
Codes Discussed
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