Medicare Decreases Physician Rates but Mental Health Counselors Now Allowed to Bill Medicare
By George F. Indest III, J.D., M.P.A., LL.M., Board Certified by The Florida Bar in Health Law and Hartley Brooks, Law Clerk, The Health Law Firm
On November 2, 2023, the Centers for Medicare and Medicaid Services (CMS) issued a final rule that decreased overall payment rates for services provided under the Physician Fee Schedule (PFS). However, the final rule increased payment rates for outpatient services and expanded telehealth services. The rule went into effect on January 1, 2024.
Physician Fee Schedule Rate Reductions.
The overall payment rates under the 2024 PFS will be reduced by 1.25 percent in 2024. The conversion factor is $32.74, which is a $1.15 decrease from 2023. This is bad news for physicians who continue to suffer reduced […]