CMS Finalizes 1.25% Cut To Medicare Physician Fee Schedule
- CMS has released the Medicare Physician Fee Schedule (PFS) final rule for calendar year (CY) 2024, finalizing a 1.25 percent overall reduction for physician services next year. The federal agency landed on a CY 2024 PFS conversion factor of $32.74, a decrease of $1.15 from CY 2023. The reduction in the conversion factor represents a 3.4 percent...
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