The 2015 MPFS conversion factor has been reduced to $35.75, from $35.80. In November 2014, CMS released the Final Rule updates for the 2015 MPFS in which they reported that the 2015 conversion factor would be $35.80 before the SGR patch. This was a $0.02 reduction from the 2014 conversion factor of $35.82.
After viewing the 2015 National Physician Fee Schedule Relative Value File January Release, ADVOCATE determined that the published CF was reduced to $35.75. The differential appears to be related to a CMS calculation error resulting in a larger than anticipated budget neutrality adjustment. An official correction notice is anticipated from CMS.
ADVOCATE will continue to provide updates as information becomes available.
Client Accounting Manager