Medicare Physician Fee Schedule: Feds Propose to Decrease the Conversion Factor in 2023

Why This Topic Matters

The proposed fee schedule affects Medicare physician payment levels and may influence practice finances, operational planning, and compliance preparation for the year ahead. Readers who work with Medicare reimbursement need to understand the scope of the proposal and where broader policy changes may affect payment methodology.

Article Sections

1. Background

   Introduces the CY 2023 Medicare Physician Fee Schedule proposed rule and highlights the broader policy areas addressed in the rule. It also frames the proposal in terms of Medicare access, health equity, and provider impact.

2. Here’s a Breakdown on the Proposed 2023 CF Cut

   Explains the conversion factor discussion in historical context by referencing prior-year Medicare payment policy changes. It outlines the general factors tied to the proposed rate change and the policy background behind it.

3. Don’t Forget How the CF Impacts Medicare Pay

   Provides a general overview of how Medicare physician payment methodology works under the fee schedule. It discusses the relationship among relative value units, site of service, and geographic payment adjustments.

4. See What Industry Insiders Think of the CF Cut

   Summarizes stakeholder reaction to the proposal and the concerns raised by professional organizations. It also notes the invitation for public comments on the proposed rule.