With the recent adjustment, the conversion factor is now 1.77% lower than it was in 2023, at $33.2875, consulting firm Healthcare Administrative Partners notes.
Medicaid’s $50 billion in improper payments was the highest total for a single program—but it was also the most improved government program, cutting about $30 billion from its 2022 improper payments total.
Only orthopedic surgeons and neurologists/psychiatrists received more industry payments from 2013 to 2022 than cardiologists. Also, the two prescription medications associated with the most physician payments were a blood thinner and an anticoagulant.
After Moderna leadership revealed plans to potentially quadruple the price of its COVID-19 vaccine, Sen. Bernie Sanders (D-VT) and others criticized the move.
HB 575 would remove financial barriers for women who are recommended to undergo supplemental breast imaging, such as an MRI, CT or ultrasound, when the exams are deemed medically necessary.
With the recent adjustment, the conversion factor is now 1.77% lower than it was in 2023, at $33.2875, consulting firm Healthcare Administrative Partners notes.