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CMS clips conversion factor again

CMS beat its deadline for issuing a revised value file for the 2016 physician fee schedule, but we've unearthed one surprise in the new file – a .02 cent cut to the national conversion factor. It drops from $35.8279 to $35.8043.
Anesthesia providers have a separate conversion factor, but most weren't spared a cut that averages out to .19 cents.
Perhaps CMS misses the good old days of fluctuating conversion factors, that were ushered out by the SGR repeal.
Keep an eye on Part B News for more about the impact of the latest revision to your Medicare payments.
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