2011 Conversion Factor Released
CMS released the 2011 conversion factor of $33.9764 effective January 1, 2011. The Medicare and Medicaid Extenders Act of 2010 dictated a zero percent payment update for 2011 which is an improvement over the earlier published 24% reduction.
Although lower than the latest 2010 conversion factor, several positive changes in relative value units (RVUs) and geographic indices (GPCIs) result in many increases for ophthalmology. Your Medicare fee schedules will not the same fee schedules you have had since June 2010.
Watch your local Medicare contractor websites for publication of the final fee schedule.