The Centers for Medicare and Medicaid Services posted a revised file on Dec. 16, 2021, that rendered the previous conversion factor outdated due to passage of the Protecting Medicare and American Farmers from Sequester Cuts Act. Revisions to the conversion factor have been updated in the ACC calculator available here.
Work, practice expense and liability relative value units are updated annually through Medicare Physician Fee Schedule rulemaking. In response to the 2022 Medicare Physician Fee Schedule and related addenda, the ACC developed a Physician Fee Schedule Calculator, which allows clinicians and practice managers to estimate the impacts of the slated changes to practices. Over time, the goal of the tool is to help facilitate a thorough understanding of impacts from one year to the next.