Medicare Outlook:
Prepare for Big Fee Reduction in 2023
Published on Fri Dec 16, 2022
You could face negative 8.5 percent adjustment unless Congress intervenes. As if industry protest about Medicare’s proposed 4.4 percent conversion factor (CF) reduction for 2023 wasn’t enough, the Centers for Medicare & Medicaid Services (CMS) announced a 4.5 percent CF drop the final rule. Position: CMS had originally proposed in July to cut the CF by $1.53 for CY 2023, [...]