July 14, 2023
On July 13, 2023, the Centers for Medicare & Medicaid Services released the Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) Payment System proposed rule. The rule details proposed payment and policy for outpatient and ASC services beginning January 1, 2024. Academy staff is reviewing the rule and will be preparing comments for submission to CMS by the September 11 deadline. The rule proposes an overall payment rate update of 2.8% for hospitals that meet quality reporting requirements. A fact sheet for the rule can be found on the CMS website. Members with questions about the OPPS and ASC proposed rule can contact Academy staff at email@example.com.
Nov 09, 2020
Last month, two bills were introduced in the House proposing solutions to the estimated 10.6% Physician Fee Schedule conversion factor cut expected to go into effect January 1, 2021. The bills offer some relief to the cut, but do not reflect a comprehensive or long-term solution. AAPM&R has therefore chosen to remain neutral regarding these bills.
Your Academy continues to advocate for a permanent solution to the conversion factor cut while maintaining the important payment increases to office and outpatient evaluation and management services.