November 16, 2023

ACR Provides Detailed Summary of 2024 Medicare Physician Fee Schedule Final Rule

The American College of Radiology® (ACR®) prepared a detailed summary of the 2024 Medicare Physician Fee Schedule final rule released by the Centers for Medicare and Medicaid Services (CMS) Nov. 2.

The final rule indicates 32.74 PFS conversion factor in 2024, a $1.14 decrease from the 2023 conversion factor of $33.89. CMS also describes further changes to payment provisions and updates to the Quality Payment Program in the final rule. The finalized changes take effect Jan. 1.

For more information, contact Angela Kim, ACR Senior Director, Economic Policy.