Search results for: medicare cuts
Medicare Spending For Diagnostic Radiology $890 Million Below Expected Levels for 2020
Data released by the American Medical Association on December 2, 2021, revealed that Medicare disbursements for diagnostic radiology services fell by $890 million (roughly 16%) below the projected levels in 2020. Not only did diagnostic radiology services reimbursed by Medicare fall — revenue for all physician services in the Medicare system fell significantly — $13.9…
Read More2021 Medicare Physician Fee Schedule: Act Now
The Center for Medicare and Medicaid Services (CMS) recently released their proposal for changes to the Medicare payment system which is slated to go into effect on January 1, 2021. According to the American College of Radiology (ACR), the news is not good for radiologists. Those who have analyzed the Medicare Physician Fee Schedule (MPFS) are finding…
Read MoreCMS Releases Final 2023 Physician Fee Reimbursements
Despite the input of healthcare facilities, physicians, and health-related associations and societies, the CMS Medicare Physician Fee Schedule (MPFS) for 2023 will see a reduction in the face of the highest inflation rates in 40 years. The CMS conversion factor falls to $33.0067 in 2023 — down from $34.6062 in 2022 — resulting in approximately…
Read MoreSome Congressional Members Call for Potential Fee Change for Radiologists
A bipartisan group of 61 members of Congress is calling for a review of a change in the Medicare fee schedule that impacts medical practices, including radiology, who will see ‘clinical labor’ cuts. Late last year and for the first time in almost 20 years, CMS updated its clinical labor rates that are used to…
Read MoreWhat You Need To Know About Radiology Post-Pandemic
By Bud Dey As the Pfizer vaccine has already shown promise, there is hope that, eventually, the pandemic will be over. As Radiologists have been forced to focus on the immediate situation, will they be prepared for the aftermath of this public health crisis? Two of the main factors affecting radiology’s future status include regulatory…
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