Coverage of the final 2024 Medicare physician fee schedule

Discover vital updates and changes for 2024

Payment cuts hit medical groups in 2024 as part of a wide-ranging annual update to the Medicare physician fee schedule. The final rule, effective Jan. 1, cut the conversion factor by 3.4% and revalued a host of services. The rule also brings a spate of new billing opportunities for providers, from an add-on “visit complexity” code to social determinants of health assessments, community health services and more.