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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.
 
 
We’ve seen a lot of responses to proposed Medicare policies, but rarely one this swift and scathing.
 
 
In a sprawling Part B fee schedule released today, CMS proposed a 4% decrease to the Medicare conversion factor, revised policies for numerous E/M services, physician assistant billing freedoms and a loosening of telehealth coverage policies.
 
The FY2022 ICD-10-CM guidelines were released Monday, July 12, and include instructions for how to assign new code U09.9 (Post COVID-19 condition).

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