Medicare physician fee schedule updated for 2023
January 24, 2023
When Congress passed its year-end omnibus legislation in the final days of 2022, it included a 2% Medicare physician payment cut for 2023. As a result, the Centers for Medicare and Medicare Services (CMS) updated the 2023 conversion factor to $33.8872 for 2023.
Noridian—California’s Medicare contractor—has now updated its 2023 Medicare Physician Fee Schedule to reflect this change and has started releasing 2023 claims for payment.
For more information on the final 2023 Medicare Physician Payment Rule, see the American Medical Association (AMA) summary.
The California Medical Association (CMA) is urging Congress to immediately get to work on a long-term overhaul of the Medicare payment system that includes an annual automatic inflation update, addresses budget neutrality, and provides more alternative payment model opportunities.
CMA will be hosting a free one-hour webinar with Noridian Medical Director Arthur Lurvey, M.D., on Tuesday, January 31, 2022, at 12:15 pm to provide an overview of Medicare updates for the coming year.
If you are unable to attend the live webinar, it will be available for on-demand viewing at cmadocs.org/webinars.
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