The federal government is moving forward with an agenda to set Medicare reimbursement rates for physicians and hospitals next year despite pushback from industry groups.
Under the 3,088-page finalized rules published Nov. 1 by the Centers for Medicare and Medicaid Services (CMS), physicians will see reimbursement rates drop by 2.93 percent in 2025. This new rate, combined with other regulatory adjustments, sets the new conversion factor—the amount Medicare pays per relative value unit (RVU)—at $32.35, down 2.8 percent from the 2024 rate of $33.29 per RVU.
The decrease, which is in line with the initial proposal this summer, also amounts to a $1.8 billion reduction in funding for doctors, according to CMS….