Special report. HCFA hikes conversion factor to $31.001, adopts 77 other pay policies for RVS era.

Abstract

This Hospital Revenue Report Special Report summarizes provisions of the final Medicare resource-based relative value fee schedule, slated for publication in the Nov. 25 Federal Register. The fee schedule applies to virtually all 500,000 private practice physicians in the U.S. The Health Care Financing Administration (HCFA) issued the fee schedule after reviewing 95,000 comments on the June 5 proposed version.