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AMA’s Summary.pdf

2023-mpfs-final-rule-summary.pdf
Preview of AMA’s summary
🔗 Source: ama-assn.org
📊 Size: 205 KB
👤 Author: American Medical Association
⬇️ Downloads: 371

Summary

The Centers for Medicare & Medicaid Services (CMS) released the CY 2023 Medicare Physician Payment Schedule and Quality Payment Program final rule, impacting payments for physicians and healthcare practitioners. Key points include:
- A 4.5% decrease in the Medicare conversion factor to $33.06
- Updates to the Medicare Economic Index (MEI) weights, which will not be implemented in 2023
- Changes to Geographic Practice Cost Indices
- Extension of telehealth coverage and maintenance of payment rates for office visits
- Adoption of revised Evaluation and Management (E/M) visit codes and guidelines
- Implementation of 80% of the AMA/Specialty Society RVS Update Committee's work value recommendations
- Updates to Professional Liability Insurance premiums and coverage of dental and oral health services
- Delay of the policy requiring a physician to see a patient for more than half of the total time of a split or shared E/M visit.

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Description

The Centers for Medicare & Medicaid Services (CMS) released the CY 2023 Medicare Physician Payment Schedule and Quality Payment Program final rule, impacting...

Technical Information

  • File Format: PDF
  • File Size: 205 KB
  • Pages: 6
  • Language: EN
  • Author: American Medical Association
  • Total Downloads: 371
  • Last Updated: 3 hours ago

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