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CMS issues final 2021 Physician Fee Schedule

TODD SHRYOCK - MEDICALECONOMICS.COM

Conversion factor drops by 10%, but some practices will benefit from increased E/M coding levels.

CMS issued the final rule for the 2021 Physician Fee Schedule and doctors will see a conversion factor of $32.41, a decrease of $3.68 from the 2020 PFS conversion factor of $36.09.

According to CMS, the lower conversion factor is a result of the budget neutrality adjustment, as required by law, to account for changes in RVUs, including significant increases for E/M visit codes.

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