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Centers for Medicare and Medicaid Services (CMS) has issued its proposal for payments in 2025 under the Physician Fee Schedule (PFS), and it contains an across-the-board 2.8% This reduction in payments continues a trend that has seen the Medicare fee schedule reduced by nearly 10% over the past 10 years. Radiology -3.8% -1.8% -2.8%
The importance of accurate and complete coding cannot be overemphasized for any area of radiology, but the complexity of interventionalradiology (IR) coding makes it even more critical for optimal reimbursement. Erin Stephens. This is especially attractive to large practices of 16 or more eligible clinicians.
Recent changes, such as the 2024 Medicare Physician Fee Schedule final rule, represent a decrease in reimbursement by approximately 3.37%. Interventionalradiology saw the highest overall impact at 4%, which has affected how radiology practices manage referrals and compensation, with significant implications for RCM.
Scientific Paper of the Year Advanced Practice Provider Procedures Commonly Performed in InterventionalRadiology: Medicare Volume Trends From 2010 to 2021. Lindquester, et al, Journal of the American College of Radiology , July 1, 2024. Plesner, et al, Radiology , September 26, 2023.
This is slightly more of a cut than had been predicted in the Medicare Physician Fee Schedule (MPFS) Proposed Rule that was issued in July. As we reported in our analysis of the Proposed Rule , this reduction in payments continues a trend that has seen the Medicare fee schedule reduced by nearly 10% over the past 10 years.
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