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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.
 
 
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.
 
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.
 
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.
 
CMS hit the brakes on making imminent changes to the oft-used E/M code set that’s tied to billions of dollars in medical practice revenue. Streamlined payment rates are off the table for 2019, as are vast documentation revisions, according to the 2,378-page final 2019 Medicare physician fee schedule released Nov. 1. Once you’ve read through our detailed breaking news, take our quick, confidential survey to share your opinion.

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