Andi Madlin

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2024

Medicare Fee Schedule 2024 Update

Medicare Fee Schedule 2024 Update. The centers for medicare and medicaid services (cms) released its final rule updating the medicare physician fee schedule for calendar year 2024 (final rule). The list contains the fee schedule amounts, floors, and ceilings for all procedure codes and payment category, jurisdication, and short description assigned to each procedure code.


Medicare Fee Schedule 2024 Update

It cuts the rate and conversion factor and addresses behavioral health service payments along with some telehealth waiver extensions. The rule proposes a decrease to the conversion factor by 3.34%, to $32.75 in cy 2024, as compared to $33.89 in cy 2023.

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