To follow up with more information from the recent legislation which added $3 billion to the Physician Fee Schedule and delayed implementation of G2211 (add-on complexity code), CMS has confirmed that the new 2021 conversion factor will be $34.8931 instead of $32.4085. CMS also updated the 2021 RVU file.
We expect to see a formal announcement regarding these developments in the near future.
We also expect CMS to communicate the new conversion factor and payment rates to local Medicare Administrative Contractors (MACs), who will update their schedules accordingly. For accurate rates based on your geographic area, we recommend checking with your local MAC.