December 1, 2020, the Centers for Medicare & Medicaid Services (CMS) issued the final rule for 2021. This final rule includes updates on policy changes for payments made under the Medicare Physician Fee Schedule.
WHAT YOU NEED TO KNOW
This final rule confirmed there will be increase in Relative Value Units (RVUs) for Evaluation and Management (EM) services which will result in an increase to reimbursement for these services. But because the budget neutrality adjustment remains in place (as required by law), to account for this increase, the Conversion Factory (CF) will drop. A drop in the CF affects reimbursement for all you do – ALL ENDOVASCULAR & INTERVENTIONAL SPECIALISTS!
Beginning 2021 the CF will drop by $3.68. In 2020 it is $36.09 but for 2021 it will only be $32.41.
WHAT YOU CAN DO TO HELP PREVENT THESE DEVASTATING CUTS
Time is short – contact your Congressional Reps today. Thanks to United Specialists for Patient Access who fully supported and funded this link, it could not be easier.
Take 60 seconds and go to https://freeroots.com/go/save-specialty-care
Time is of the essence – Congress needs to act to fund the government by December 11th. It is important to contact your Congressional Reps before then.
PLEASE TAKE ACTION IMMEDIATELY!