Regulatory Update: Radiology Faces Revenue Cuts in 2023

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Radiology Faces Revenue Cuts Regulatory Update: Radiology Faces Revenue Cuts in 2023

Category: Billing

Once again this year, physicians are uncertain about the amount of reimbursement reduction they will suffer from Medicare cuts. If things are left unchanged, Medicare providers will face a reduction of approximately 8.5% across the board, without considering adjustments made to specific procedure codes.

In recent years, last-minute congressional action has mitigated the effect of certain statutory requirements.

The American College of Radiology (ACR) joined with 23 other specialty societies to issue a letter to House and Senate leaders, urging them to act. Currently on the table is H.R. 8800, the Supporting Medicare Providers Act of 2022, which would provide a 4.42% positive adjustment to the Medicare physician fee schedule (MPFS) conversion factor. In addition, the letter urges consideration of "additional new funding for the ...

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