Medicare 10% Reduction in Reimbursement for Anesthesia has been reduced to 3%, effective 01/01/2021

The approximate 10 percent reduction in the anesthesia conversion factor (CF) scheduled to take effect on Jan 1, 2021 has been modified.  A statement published by the American Society of Anesthesiologists (ASA) provided the following take on the CAA:

The scheduled cut to the anesthesia conversion factor will be reduced to a 3% cut rather than the previously proposed 10% cut. An improvement, but still entirely inadequate for a specialty already hampered with a flawed payment rate, whose members are caring for COVID-19 patients on the frontlines of the pandemic.

According to an update released by the Centers for Medicare and Medicaid Services (CMS), the new national anesthesia CF will officially be 21.5600 for 2021 instead of the originally set anesthesia CF of 20.0547.  This translates to a 2.9 percent reduction from the 2020 anesthesia CF, which is far better than the 9.7 percent reduction that was authorized in the 2021 Medicare Physician Fee Schedule (PFS) Final Rule.  Your exact anesthesia CF will vary depending on your geographic location.  You can search for the CF in your area by going to the following CMS link: Anesthesiologists Center | CMS

Comments

One Response to “Medicare 10% Reduction in Reimbursement for Anesthesia has been reduced to 3%, effective 01/01/2021”
  1. Robin Swami says:

    Thanks for the well-researched content of the blog. I really admire well-written content. I must say the facts in the blog is pretty much convincing.