Last week, CMS released the CY 2022 Medicare Physician Fee Schedule (MPFS) Proposed Rule. As proposed, the CY 2022 Conversion factor would drop from $34.891 to $33.5848 due to the expiration of the +3.75-percent one-year update Congress provided at the end of last year in the Consolidated Appropriations Act, plus an additional -0.14-percent budget neutrality adjustment as required by statute. APMA is working with its partners in Congress and other medical specialty societies to push for congressional intervention to delay or cancel further cuts to Medicare reimbursement.
While APMA continues to review the proposed rule, some proposals of note include:
APMA will prepare and submit comments by September 13.