tci Medicare Compliance & Reimbursement - 2020 Issue Q4
Reimbursement: Find Out the 2021 MPFS Winners and Losers
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Article Overview
This article reviews the 2021 Medicare Physician Fee Schedule final rule and its reimbursement implications for different specialties. It focuses on how CMS pricing updates, RVUs, GPCIs, budget neutrality, and sequestration affect payment trends, while also noting legislative and policy responses. The piece is aimed at clinicians, coders, billing staff, and reimbursement professionals who need a high-level understanding of why certain provider groups may gain or lose under the 2021 fee schedule.
Why This Topic Matters
The 2021 MPFS changes can alter payment levels across many services and specialties, affecting practice revenue planning and reimbursement forecasting. Understanding the policy drivers behind the update helps readers assess financial impact and monitor related Medicare changes.
Article Sections
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Conversion factor change and Medicare fee schedule context
Introduces the 2021 Medicare Physician Fee Schedule update and the broad payment impact associated with the annual conversion factor change. It also frames the policy context behind the update.
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Consider This Conversion Factor Refresh
Explains the components used in Medicare payment calculation, including the role of RVUs and geographic adjustments. It provides background on how the fee schedule is structured.
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Who Came Out Ahead and Who Fell Behind
Summarizes the specialty-level reimbursement trends expected under the 2021 fee schedule. It also notes broader financial pressures affecting services outside office/outpatient evaluation and management.
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Rule Comments Highlight Providers’ Reimbursement Woes
Covers stakeholder comments on the final rule, CMS responses regarding budget neutrality, and proposed legislative efforts related to Medicare payment relief.
What You Will Learn
- How the 2021 Medicare Physician Fee Schedule was updated
- Why the conversion factor changed for 2021
- How RVUs and geographic adjustments fit into Medicare payment methodology
- Which broad specialty groups were expected to benefit or lose under the update
- How policy comments and congressional proposals relate to Medicare reimbursement changes
Who Should Read This
- Physicians
- Medical coders
- Billing staff
- Practice managers
- Reimbursement professionals
- Compliance professionals
Codes Discussed
Code Ranges Discussed
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