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In November 2024, CMS finalized a 94-cent (2.83%) conversion factor decrease from 2024. The physician fee schedule conversion factor for 2025 is $32.35, down from $33.29 in 2024. 

Nurse practitioners out-earned their registered nurse and physician assistant counterparts when it came to base pay in 2024, according to annual compensation reports from Medscape. 

Here are 10 new developments, breakthroughs, studies and more from the ophthalmology industry that Becker's reported on in 2024:

Surgeon's Point Surgery Center in Cedar Park, Texas, is the first ASC in the world to utilize Moon Surgical's Maestro System, a digital surgical assistant.

The U.S. 2nd Court of Appeals recently revisited a whistleblower lawsuit against Novartis, a Swiss pharmaceutical company, creating a new development in the enforcement of the Anti-Kickback Statute, Policy & Medicine reported Jan. 8. 

Laurel, Va.-based Virginia Care Partners, an affiliate of HCA Virginia in Richmond, has established a partnership with Pearl Health, a technology platform geared specifically toward independent physician practices, IT News Online reported Jan. 8. 

Alexander Otellin, MD, a former physician in Charleston, W.Va., was sentenced to three years in prison followed by three years of supervised release for the unlawful distribution of oxycodone.

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