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July 15, 2021

Proposed 2022 Physician Fee Schedule Released

On July 13, CMS released its proposed calendar year 2022 Medicare Part B physician payment rule. The proposed budget neutrality adjustment to account for changes in RVUs, and expiration of the 3.75 percent payment increase provided for CY 2021 by the Consolidated Appropriations Act, 2021 (CAA) resulted in a proposed CY 2022 PFS conversion factor is $33.58, a decrease of $1.31 from the CY 2021 PFS conversion factor of $34.89. The PFS conversion factor reflects the statutory update of 0.00 percent and the adjustment necessary to account for changes in relative value units and expenditures that would result from our proposed policies.