Guide on Medicare Physician Fee Schedule

Need information on the Medicare Physician Fee Schedule?

The Centers for Medicare and Medicaid Services published a short fact sheet on the Medicare Physician Fee Schedule.

The fact sheet covers the following topics:

• Physician services
• 7,400 uniquely covered services
• Therapy services
• Medicare Part B pays for the services of physical therapists, occupational therapists, and speech-language pathologists based on the Medicare PFS.
• Medicare PFS payment rates
• The Medicare PFS is based on the following three components: 
  • 1) Relative Value Units (RVU)
  • 2) Conversion Factor (CF)
  • 3) Geographic Practice Cost Indices (GPCI).
• The Medicare PFS rates formula
• [(Work RVU x Work GPCI) + (PE RVU x PE GPCI) + (MP RVU x MP GPCI)] x CF
• Additional Resources

To view and download the fact sheet, please click the following link: Medicare Physician Fee Schedule

For additional resources, please click the following link: Medical Reimbursement, Inc. Resources