X

Slight increase to Medicare reimbursement rates effective as of July 1

July 02, 2015
Area(s) of Interest: Payor Issues and Reimbursement Public Payors 


A 0.5 percent Medicare physician payment increase will go into effect for dates of service from July 1 through December 31, 2015. This mid-year increase is a result of the Medicare payment reform legislation (the Medicare Access and CHIP Reauthorization Act), passed by Congress and signed into law by President Obama in April.


The Centers for Medicare & Medicaid Services released the updated RVU files reflecting the payment increase and the new conversion factor of $35.9335 (previously $35.7547). 


Noridian, the Medicare Administrative Contractor for California, has posted on its website the new fee schedule that will be in effect from July 1 through December 31, 2015. There will be an additional 0.5 percent increase on January 1, 2016.


 

COVID-19
Resources

Resources for physicians and health care providers on the latest news, research and developments.

Stay Informed

Opt in to receive updates on the latest health care news, legislation, and more.

Was this page helpful?