Many physicians are pushing back against the proposed cuts, arguing that continued cuts to the physician fee schedule would create long-term financial instability within the program and threaten patient access to Medicare-participating physicians.
Here’s how the CMS’ conversion factor has changed over the last 10 years, according to the American Medical Association:
|
Year |
Conversion factor |
|
2012 |
$34.04 |
|
2013 |
$34.02 |
|
2014 |
$35.82 |
|
Jan. 1 – June 30, 2015 |
$35.75 |
|
July 1 – Dec. 31, 2015 |
$35.93 |
|
2016 |
$35.80 |
|
2017 |
$35.89 |
|
2018 |
$35.99 |
|
2019 |
$36.04 |
|
2020 |
$36.09 |
|
2021 |
$34.89 |
|
2022 |
$34.61 |
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