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First impressions can be deceiving. The descriptor for modifier FT is a prime example.
 
Good news for providers still reeling from the nearly 4% conversion factor cut in the recent Physician Fee Schedule\: a bill passed in the Senate on Dec. 9 is expected to avert 5% in further cuts.
 
 
If you’ve been following the split (or shared) and critical care saga you know that Medicare announced in the final 2022 Medicare physician fee schedule that it would require new modifiers with the services.
 
 
The final 2022 Medicare physician fee schedule is out, and the terms are in: Medical practices will confront key updates to split/shared services, critical care episodes and billing privileges, as well as a cut to the conversion factor that trims it nearly 4%.
 
 
The payment cuts that are on track to hit physician practices Jan. 1 could have sweeping implications for the health care industry. Compensation levels for physicians, a potential hiring freeze and staff layoffs and population health initiatives are all factors at stake, a new survey from AMGA reveals.
 

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