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. The calendar year (CY) 2023 PFS final rule is one of several rules that reflect a broader Administration-wide strategy to create a more equitable health care system that results in better accessibility, quality, affordability and innovation.
Please see the following documents for more information:
Final Rule
CMS Press Release
CMS Fact Sheet
CMS MSSP Fact Sheet
Urge Congress to Stop the Medicare Payment Cuts
Physicians are facing another round of Medicare payment cuts. Unless Congress acts by the end of the year, physicians face more than 8.42% in Medicare payment cuts in 2023 due to a confluence of statutory and budget neutrality payment cuts.
If these cuts are allowed to take effect, these cuts will severely impede patient access to care due to the forced closure of physician practices and put further strain on those that remained open during the pandemic.
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