Analysis: Final 2021 Medicare Physician Payment and Quality Reporting Changes

Editor's note: This resource was updated Jan. 13, 2021, to reflect the recalibrated Medicare Physician Fee Schedule (PFS) following the Dec. 27, 2020, economic aid act. The 2021 Medicare PFS conversion factor was recalculated at $34.8931.

As a member benefit, MGMA developed a comprehensive analysis of the 2021 Medicare physician fee schedule final rule, which contains updates to E/M, telehealth, the Merit-based Incentive Payment System, and alternative payment model policies. This analysis explains the changes to Medicare quality reporting and to payment policies that will impact your practice starting in 2021.