Webinar
Staying Ahead of the Medicare Conversion Factor
As we enter 2024, providers are faced with yet another cut to reimbursements from CMS, whose final rule on the 2024 Medicare Physician Fee Schedule reduced the Medicare Conversion Factor by nearly 3.4%. In the ever-changing landscape of healthcare, staying ahead of the Medicare Conversion Factor is crucial for ambulatory and long-term care facilities to maintain financial stability and continue delivering quality care.
In order to prepare for continually declining Medicare reimbursements, it is imperative that healthcare financial professionals understand the true cost of providing their services. This includes not only the impact of direct patient care costs, but also indirect expenses.