The Centers for Medicare & Medicaid Services (CMS) released the 1,369-page 2014 Medicare Physician Fee Schedule final rule on Nov. 27. It was published in the Dec. 10 Federal Register. Most provisions became effective Jan.1, 2014, although a few issues are open for public comment until Jan. 27, 2014.
Congress voted in December to approve three-month ”bridge” legislation halting the proposed 20.1 percent reduction in Medicare physician pay; currently, a 0.5 percent increase in the conversion factor is effective.
“A majority of fees will go up,” said Jeri Biedenkopf, R.N., ISMA practice advisor, “but occasionally a fee will go down based on Relative Value Unit changes.” Send your questions via email to Biedenkopf.
Find the fee schedule on the WPS website under the “Fee” tab. Read an AMA detailed summary here.