December 20, 2024 Update:
Despite initial bipartisan support, the proposal to provide relief from 2025 Medicare physician payment cuts was ultimately dropped due to political pressure and broader concerns about government spending.
Therefore, the published fee schedule for 2025, with a 2.83% reduction in payments, stands.
December 16, 2024 Update:
Please review the most recent update for Medicare’s Fee Schedule for 2025.
If Congress does not act, there will be an approximately 2.0-2.8% decrease in reimbursement, depending on the code. Additionally, the 2025 deductible went up to $257.
Murphy-Led Legislation to Protect Medicare for Physicians/Patients
Proposed Cuts Letter to House Leadership
Review the fee schedule based upon your region and the Medicare Edition of the Back Channel to refresh your modifier placement accuracy skills.
Please remember, for the purpose of Medicare reimbursement, a facility is considered a hospital, ambulatory surgical center, nursing home, etc and not a provider office.
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