Medical Billing Blog

CMS Publishes Proposed 2015 Medicare Physician Fee Schedule

Posted by Scott Shatzman on Wed, Aug, 13, 2014 @ 09:08 AM

On Thursday, July 3rd, the Centers for Medicare and Medicaid Services released its proposed changes for the 2015 Medicare Physician Fee Schedule (PFS). The 600+ page proposed rule addresses changes to the physician fee schedule, and other Medicare Part B payment policies.

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SGR Update: March 28th House Edition

Posted by Scott Shatzman on Fri, Mar, 28, 2014 @ 10:03 AM

Yesterday, by a voice vote, the House of Representatives passed legislation postponing the 24% physician fee schedule cut slated to take effect on April 1, 2014.  However, the legislation went well beyond just temporarily fixing the SGR problem, it also made a number of other changes that will have long-lasting implications.  A listing of those changes is at the end of this message.

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2014 Medicare Physician Fee Schedule

Posted by Scott Shatzman on Wed, Dec, 04, 2013 @ 14:12 PM

Centers for Medicare and Medicaid Services (CMS) released its 2014 Medicare physician fee schedule (PFS) Final Rule. CMS calculates the 2014 Physician Fee Schedule Conversion Factor (CF) to be $27.2006, or a 20.1% reduction from the current CF of $34.0230. Total payments under the fee schedule in 2014 are projected to be at $87 billion, according to CMS. Payments to physicians are calculated primarily on three key factors: the resource-based relative value scale (RBRVS), the geographic practice cost indexes (GPCIs), and the monetary conversion factor (CF).

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