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Physician payment in 2023: The Medicare PFS conversion factor

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A 4.47% pay cut on the horizon?

Claire Ernst, JD, director of government affairs for the Medical Group Management Association, explains why Medicare could cut its conversion factor by 4.47% for 2023. Congress, physicians and patients need a comprehensive solution, not just a yearly scramble to inject cash into the Medicare Physician Fee Schedule for physicians in the following year.


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