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Pathology/Lab Coding Alert

Medicare Update:

Brace for 2023 Physician Fee Schedule Pay Cut

Published on Mon Dec 12, 2022

Deal with negative 4.5 percent CF adjustment unless Congress intervenes. Following broad industry protest about the proposed Medicare Physician Fee Schedule (MPFS) 4.4 percent conversion factor reduction for 2023, the Centers for Medicare & Medicaid Services (CMS) came through with this, in the final rule — a 4.5 percent conversion factor reduction. Situation: CMS had originally proposed in July to [...]
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