Fee schedule round-up: Conversion factor cut, PAs freed and more
Effective Nov 11, 2021
Published Nov 15, 2021
Last Reviewed Nov 11, 2021
The final CY2022 conversion factor, effective Jan. 1, falls about 4% to a rate of $33.59, down from $34.89 in 2021, according to the 2,414-page final rule released Nov. 2. The decrease is largely attributed to the end of the one-time payment increase that lawmakers authorized under the Consolidated Appropriations Act of 2021 (CAA) and comes despite intense lobbying by physician groups to stave off the year-to-year cuts.
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