Nov. 16, 2023
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.

Related ACR News

  • Medicare Payment Increase in Final Budget Reconciliation Bill

    The bill includes a 2.5% increase to the Medicare Physician Fee Schedule for calendar year 2026.

    Read more
  • CMS Announces Prior Authorization Test Model

    WiSer is a six-year program that will begin in six states on January 1, 2026. It will introduce prior authorization using AI technology for a select number of services, including some IR procedures.

    Read more
  • Supreme Court Upholds Preventive Services Coverage

    ACR commends the Supreme Court’s ruling affirming the constitutionality of the structure and appointment process of the U.S. Preventive Services Task Force.

    Read more