Medicare Fee Schedule 2024 Update. The existing medicare physician reimbursement system is unsustainable, and asco is calling on congress to help fix it. The rule proposes a decrease to the conversion factor by 3.34%, to $32.75 in cy 2024, as compared to $33.89 in cy 2023.


Medicare Fee Schedule 2024 Update

Cms issued the final rule for the 2024 medicare physician fee schedule (pfs) on november 2, 2023, for payments to be effective on or after january 1, 2024. The final rule updates payment rates and policy changes for services effective on or after january 1, 2024.

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