Medicare Part B spent $9.3 billion on laboratory tests in 2021, a recent report from the Office of Inspector General (OIG) found. This represents a 17% increase from 2020, when spending was at $8 ...

Medicare physician spending plunged nearly 14% below what had been expected last year due to the effects of COVID-19, which the American Medical Association said is being exacerbated by physician fee ...

Organizations that have not already transitioned to using wRVUs from the current Medicare Physician Fee Schedule (MPFS) should plan to make the switch sooner rather than later. Due to the complexity ...

Medicare pays for physician services on the basis of a fee schedule. The fee schedule assigns a “relative value” for each service that reflects the estimated resources necessary for that service (in ...