Here’s what you should know:
1. CMS increased the 2018 national anesthesia conversion factor upwards to $22.18 from $22.04 for practice expense and malpractice updates.
2. The national conversion factor for non-anesthesia services is $35.99, which is a 0.5 percent positive adjustment.
3. Mr. Mira said this is the first year in several that physicians did not have to wait until March for implementation rules, meaning physicians will have accurate reports beginning Jan. 1, 2018.
4. CMS had originally proposed decreasing the rate for anesthesiologists but did not implement the proposal after the American Society of Anesthesiologists lobbied against it.
For a complete breakdown of locality-adjusted anesthesia conversion factors, click here.
More articles on anesthesia:
Traverse Anesthesia Associates partners with PhyMed Healthcare Group — 5 insights
Washington University School of Medicine in St. Louis bestows professorship on Dr. Michael Bruchas
Adventist University of Health Sciences to offer doctor of nurse anesthesia practice degree — 4 insights
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.