The Centers for Medicare and Medicaid Services issued the calendar year 2024 Medicare Physician Fee Schedule (PFS) proposed rule, with overall proposed payment amounts being reduced by 1.25% compared to CY 2023.

CMS is also proposing increases in payment for many visit services, such as primary care, and these proposed increases require offsetting and budget neutrality adjustments to all other services paid under the PFS, by law, the agency said.

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