Budget: Congress Offers a 2023 Conversion Factor Olive Branch
Plus: Feds opt to extend some telehealth flexibilities … again.
If you thought the feds would offer a reprieve from the crushing 4.5 percent cut to the 2023 conversion factor (CF), think again. Despite advocacy from industry organizations to reverse the payment decreases, Congress opted for the middle ground but did provide relief in other areas. Read on for the details.
Context: On Dec. 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023, into law, offsetting impending 2023 Medicare payment cuts. The legislation will fund the government through the end of the fiscal year on Sept. 30...
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