Medicare cuts, ASC rates, new FDA-approved drugs: Latest for 2022

WAIKOLOA, Hawaii — Medicare payment changes, ASC payment rates and new FDA approved drugs were a few of the topics discussed in a presentation on 2022 updates for ophthalmic practices at Hawaiian Eye 2022.
Paul M. Larson, MBA, MMSC, COMT, CPC, COE, CPMA, a senior consultant from Corcoran Consulting Group, said that the Medicare Physician Fee Schedule was just updated a few weeks ago.
“With the revised numbers, in many cases, it did result in revised payments, the conversion factor in general, went down by about 29 cents,” Larson said.
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