The CY2021 Medicare Physician Fee Schedule Final Rule Released

1/6/2021 Update: CMS has released the new conversion factor for the 2021 Medicare Physician Fee Schedule. The new rate reflects the actions of Congress to reduce the effects of the budget neutrality cuts. The new conversion factor is $34.89, a more than $2 increase above the $32.41 originally proposed. This increase will reduce the expected 9% cuts to 3% for 2021. 12/7/2020 Update: 2021 Therapy KX Modifier Threshold