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  1. 10 wrz 2024 · This information relates to payment under the Medicare physician fee schedule and is intended for Medicare purposes.

  2. 1 sty 2024 · Medicare Physician Fee Schedule rates effective January 1, 2024, through March 8, 2024.

  3. Therefore, the 2024 conversion factor for dates of service January 1 through March 8, 2024, was $32.74 while CMS established a new conversion factor of $33.2875 for dates of service March 9 – Dec. 31.

  4. 22 mar 2024 · The Centers for Medicare & Medicaid Services (CMS) has updated the 2024 Medicare physician fee schedule conversion factor to reflect changes due to the Consolidated Appropriation Act, 2024 (CAA), which was signed into law on March 9.

  5. The 2024 MPFS Conversion Factor (CF), based on the proposed 2024 rates, is set at $32.7442. This represents a decrease of $1.14, or more than 3%, from the 2023 MPFS CF rate update of $33.8872.

  6. This 2024 conversion factor is derived from a statutory 0% update, a negative 2.18% RVU budget neutrality adjustment, and the expiration of 1.25% of the payment increase as provided by the Consolidated Appropriations Act (CCA) of 2023.

  7. The finalized CY 2024 PFS conversion factor is $32.74, a decrease of $1.15, or 3.4%, from CY 2023. Pulmonary, Cardiac and Intensive Cardiac Rehabilitation Services.

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