Medicare Compliance & Reimbursement - 2017 Issue 12
Find Out If Your Part B Pay Will Increase in 2018
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Article Overview
This article reviews the 2018 Medicare Physician Fee Schedule update and its expected effect on Medicare Part B payment levels. It is aimed at physicians, billing staff, and practice administrators who want a high-level sense of how CMS policy changes, the conversion factor, and specialty-specific impact estimates may influence reimbursement. The discussion centers on fee schedule updates, relative value unit-based payment calculations, and broad Medicare payment outlooks rather than detailed coding guidance.
Why This Topic Matters
Readers can use this article to understand whether the 2018 Medicare payment update is likely to materially change reimbursement for their practice and to identify the broad specialties and service areas most affected.
Article Sections
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Look at the Conversion Factor
Discusses the 2018 Medicare Physician Fee Schedule update, the conversion factor, and how fee schedule changes affect overall payment trends. It also references relative value units and general reimbursement calculations.
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Who Came Out Ahead and Who Fell Behind
Summarizes estimated specialty-level impacts under the 2018 fee schedule and highlights broad areas expected to see gains or declines.
What You Will Learn
- How the 2018 Medicare Physician Fee Schedule update affected Part B payment expectations
- Why the conversion factor matters in Medicare reimbursement calculations
- Which broad specialty groups were projected to experience relatively larger increases or decreases
- How CMS impact tables are used to compare fee schedule effects across specialties
- Where providers can look up Medicare reimbursement rates for procedures
Who Should Read This
- Physicians
- Medical billing staff
- Practice administrators
- Revenue cycle professionals
- Medicare participating providers
Codes Discussed
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