Physician Fee Schedule: Prepare for Large 2021 Conversion Factor Cut

Why This Topic Matters

The proposed rule could affect Medicare reimbursement for many physician services and specialties. It is especially relevant for practices tracking payment policy changes, teaching physician supervision, and COVID-19-related temporary flexibilities.

Article Sections

1. Check Out Shift in Conversion Factor

   Discusses the proposed Medicare Physician Fee Schedule payment update and the expected effect on physician reimbursement across specialties.

2. Public outcry: As expected, industry organizations are rattled by the major CF dip, especially in the midst of COVID-19 spikes.

   Summarizes reactions from physician and surgical organizations to the proposed payment changes and their concerns about timing and impact.

3. Supervision Updates Are Extended

   Reviews proposed extensions of temporary supervision flexibilities and related policy updates affecting teaching physicians and virtual supervision during the public health emergency.