Tag: Physician Fee Schedule
Reduced 2024 Medicare Physician Pay Cut Now in Effect.
Thanks to the passage of a new federal spending bill, the 3.4% Medicare physician pay cut that took effect on Jan. 1 was reduced to 1.68% as of March 9. This reduced cut and the corresponding new conversion factor of $33.2875 will remain in effect through Dec. 31.
Medicare Physician Fee Schedule: New CPT Codes for RSV Vaccine Administration
Please Read Carefully
If your patient doesn’t have Medicare Part D, Medicare will pay for vaccine administration.
but not the vaccine under Part B.
CMS retroactively added 2 new CPT codes for respiratory syncytial virus (RSV) vaccine administration to the Medicare Physician Fee Schedule effective for dates of service on and after October 6, 2023:
- 96380 – Short descriptor: Admn rsv monoc antb im cnsl
- 96381 – Short descriptor: Admn rsv monoc antb im njx
Your Medicare Administrative Contractor will adjust claims you bring to their attention.
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BCBS June 1, 2023 HCPCS Update
POET has had a number of request regarding the BCBS Quarterly HCPCs Update.
You may use Ctrl + F to search or download the entire document.
2023 Medicare Physician Fee Schedule Final Rule
On November 01, 2022, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that includes updates and policy changes for Medicare payments under the Physician Fee Schedule (PFS), and other Medicare Part B issues, effective on or after January 1, 2023.
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