ACP, AMA raise concerns over proposed cuts in 2023 Medicare Physician Fee Schedule

The ACP said it was encouraged by many provisions outlined in the proposed Medicare Physician Fee Schedule for 2023; however, both ACP and the AMA expressed concern over cuts to physician payments, which would take effect Jan. 1.
CMS proposed a 2023 Physician Fee Schedule (PFS) conversion factor of $33.08, a reduction to the 2022 conversion factor of $34.61, according to the agency.
“This conversion factor accounts for the statutorily required update to the conversion factor for CY 2023 of 0%, the expiration of the 3% increase in PFS payments for CY 2022 as required by the Protecting

The ACP said it was encouraged by many provisions outlined in the proposed Medicare Physician Fee Schedule for 2023; however, both ACP and the AMA expressed concern over cuts to physician payments, which would take effect Jan. 1.
CMS proposed a 2023 Physician Fee Schedule (PFS) conversion factor of $33.08, a reduction to the 2022 conversion factor of $34.61, according to the agency.
“This conversion factor accounts for the statutorily required update to the conversion factor for CY 2023 of 0%, the expiration of the 3% increase in PFS payments for CY 2022 as required by the Protecting