tci Part B Insider - 2013 Issue 43

Part B Payment: Final 2014 Fee Schedule Confirms 20.1 Percent Conversion Factor Cut

Services hit hardest include ECGs, lesion destruction. If you’re looking for a silver lining to the Final 2014 Medicare Physician Fee Schedule, it’s that although the conversion factor will be steeply slashed by 20.1 percent, it could have been worse, since the proposed fee schedule had predicted a bigger cut. That’s the word from the Final Rule, which will be published in the Federal Register on Dec. 10. Make Congressional Intervention Your New Year’s Wish CMS notes in the Final Rule that the confirmed conversion factor is $27.2006, which is a 20.1...

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