July 23, 2021

CMS Releases 2022 Medicare Fee Schedule

The Centers for Medicare & Medicaid Services has released its 2022 Medicare Physician Fee Schedule and Quality Payment Program proposed rule. The rule includes updates to payment rates for physicians and other health care professionals, expands the use of telehealth, clarifies evaluation and management (E/M) policies, proposes policies for the 2022 performance year of the Quality Payment Program, and includes many other provisions.

Notably, the 2022 Medicare conversion factor would be reduced by approximately 3.89% from $34.8931 to $33.5848. This is largely a result of the expiration of a 3.75% increase to the conversion factor at the end of calendar year 2021. WSMA is still reviewing the proposal, however, we will strongly advocate that Congress stop this significant cut and extend the 3.75% increase for 2022.