01/18/2016
Focus on Healthcare: CMS Releases 2016 Calendar Year Changes to the Medicare Physician Fee Schedule
In November, the Centers for Medicare & Medicaid Services (CMS)
released the new Physician Fee Schedule (PFS). The PFS sets forth the
payments physicians and other practitioners receive for their various
services, including but not limited to, office visits, surgical
procedures, diagnostic tests and certain preventative services. Payments
are based on the relative resources that are typically necessary to
provide a service. Relative value units are applied to each service
provided by the physician, in addition to factoring in practice expense
and malpractice.