This week, Healthsperien released its comprehensive summary of the Centers for Medicare and Medicaid Services’ (CMS) calendar year (CY) 2024 Medicare Physician Fee Schedule (MPFS) and Quality Payment Program (QPP) Proposed Rule. Notably, overall payment rates under the MPFS are proposed to be reduced by 1.25% in CY 2024 compared to CY 2023. The proposed CY 2024 MPFS conversion factor is $32.75, a decrease of $1.14, or 3.34%, from the current CY 2023 conversion factor of $33.89. This year’s proposed rule also includes key provisions related to caregiver training services, services related to addressing health related social needs, telehealth, behavioral health, and more. Comments are due by September 11th.
To view Healthsperien’s full summary, please click here.
