Pre-Reg Form 2010 letter size-fixed xlsx - The Reesor Family in-2025

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The Centers for Medicare Medicaid Services July 10 released its calendar year 2025 proposed rule for the physician fee schedule. The rule proposes to cut the conversion factor by 2.8%, to $32.36 in CY 2025, as compared to $33.29 in CY 2024.
The proposed Calendar Year 2025 Home Health Payment proposed rule was published to the Federal Register on July 1, 2024. The rule proposes a 1.7% decrease in payment and also includes new Conditions for Participation regarding an acceptance to service policy.
The Centers for Medicare and Medicaid Services (CMS) was created to administer oversight of the Medicare Program and the federal portion of the Medicaid Program.
Key takeaways from the CY 2025 PFS Proposed Rule: Conversion Factor (CF) Reduction: CMS proposes a 2025 CF of $32.3562, representing a 2.8% reduction from the 2024 physician CF of $33.2875, and a 2025 anesthesia CF of $20.3340, representing a 2.1% reduction from the 2024 anesthesia CF of $20.7739.
OPPS and ASC Payment System Updates For hospitals that meet the quality reporting requirements, CMS proposes updating OPPS and ASC payment rates by 2.6 percent for 2025, reflecting a 3.0 percent projected hospital market basket percentage increase, reduced by 0.4 percent for the productivity adjustment.
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The Proposed Rule includes updates and changes to CMS payment policy for 2025 in several key areas for physicians and other clinicians, including among others, reducing average payment rates under the MPFS, updating certain telehealth policies, creating a new category of care management services, and providing

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