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You can’t take short cuts when you recalculate revenue projections: In addition to the conversion factor upgrade, CMS has tweaked literally thousands of RVUs.
 
Responding to a COVID-19 omnibus bill passed in late December, CMS revised the 2021 conversion factor that determines Part B fees to $34.89 -- a nearly 8% increase from the $32.41 rate that the agency had previously approved as part of its annual rulemaking.
 
Physicians can breathe a little easier going into 2021 – Congress has erased the deep Medicare fee cuts CMS laid out in the final 2021 physician fee schedule as an offset to higher E/M pay rates.
Careful readers of the final 2021 Medicare physician fee schedule noticed that the rule contains total times for codes 99202-99215. But those times don't match the time ranges for the revised E/M codes.
 
Physicians are facing a 10.2% drop in the Medicare conversion factor (CF) starting Jan. 1, as an offset to broad new increases in reimbursement rates for E/M office visits and other E/M-like services, according to the final 2021 Medicare physician fee schedule released Dec. 1.
 

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