News
SIR Economics Committee publishes analysis of the 2025 Medicare Physician Fee Schedule rule
SIR’s Economics Committee published its analysis of the Centers for Medicare and Medicaid Services’ (CMS’) final rule for the 2025 Medicare Physician Fee Schedule (MPFS). Unless Congress acts in the next few weeks, IR will see a significant decrease in reimbursement. The conversion factor (CF) was reduced 2.83% to $32.35, from a CF of $33.29 in 2024. In addition, CMS also finalized a 2% decrease in practice expense RVUs (e.g., clinical staff, equipment and supplies) for IR services performed in the nonfacility (office-based lab) setting.
The SIR Economics Committee reviewed the final rule and provided a detailed summary and an impact analysis.