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Medicare fee schedule changes: Q1 2024

Comparing national non-facility payment amounts in the Q1 2024 Physician Fee Schedule release against Q4 2023. Of 7,265 codes payable in both, 522 increased, 6,694 decreased, and 49 were unchanged.

Largest increases Copy link

Code Q4 2023 Q1 2024 Change
93298 $26.09 $101.53 +289.2% increase
93297 $25.75 $60.25 +134.0% increase
G9978 $28.13 $49.27 +75.2% increase
G9983 $28.13 $49.27 +75.2% increase
64590 $266.69 $441.73 +65.6% increase
64595 $235.18 $364.17 +54.8% increase
64553 $2,574.07 $3,863.01 +50.1% increase
G9979 $48.12 $72.23 +50.1% increase
76882 $42.70 $63.25 +48.1% increase
G9984 $54.90 $79.89 +45.5% increase
64605 $659.11 $908.75 +37.9% increase
G9980 $76.92 $105.52 +37.2% increase
G9985 $83.36 $114.18 +37.0% increase
61737 $1,068.80 $1,462.65 +36.8% increase
61736 $894.96 $1,214.00 +35.6% increase
G9986 $119.96 $157.45 +31.3% increase
62268 $256.19 $331.54 +29.4% increase
99484 $43.04 $54.92 +27.6% increase
G0323 $43.04 $54.92 +27.6% increase
G9981 $127.75 $161.44 +26.4% increase
94625 $58.62 $73.90 +26.1% increase
G9982 $170.11 $209.38 +23.1% increase
G2087 $352.43 $427.41 +21.3% increase
92230 $113.52 $136.81 +20.5% increase
G2086 $388.01 $462.70 +19.2% increase

Largest decreases Copy link

Code Q4 2023 Q1 2024 Change
67334 $190.11 $151.13 -20.5% decrease
67331 $192.82 $153.46 -20.4% decrease
63688 $379.88 $302.58 -20.3% decrease
92284 $46.76 $37.28 -20.3% decrease
65778 $1,345.66 $1,086.50 -19.3% decrease
96446 $192.82 $159.45 -17.3% decrease
76979 $170.11 $142.47 -16.2% decrease
94619 $77.26 $64.91 -16.0% decrease
78725 $114.54 $96.53 -15.7% decrease
67320 $202.65 $171.43 -15.4% decrease
73580 $130.13 $110.51 -15.1% decrease
76978 $260.25 $221.36 -14.9% decrease
90461 $10.17 $8.65 -14.9% decrease
28600 $225.01 $192.07 -14.6% decrease
91065 $85.40 $73.90 -13.5% decrease
28455 $301.26 $260.97 -13.4% decrease
34490 $647.58 $563.22 -13.0% decrease
94640 $9.15 $7.99 -12.7% decrease
30118 $814.31 $713.68 -12.4% decrease
73085 $113.86 $99.86 -12.3% decrease
27888 $649.28 $569.88 -12.2% decrease
65780 $667.92 $586.19 -12.2% decrease
72255 $122.33 $107.52 -12.1% decrease
28261 $1,221.63 $1,074.85 -12.0% decrease
95875 $138.26 $121.83 -11.9% decrease

Impact by specialty, weighted by observed volume

This is the net payment change each specialty sees from this release, with every code weighted by how much of it the specialty's clinicians actually billed in CY2024 Medicare FFS. Each row shows how much of that observed volume the calculation covers.

Specialty Impact vs Q4 2023 Priceable coverage
Behavioral Health +2.4% increase 99.9% of CY2024 services
Physical Therapy -2.0% decrease 100.0% of CY2024 services
General Surgery -1.9% decrease 72.0% of CY2024 services
Chiropractic -1.8% decrease 100.0% of CY2024 services
Allergy & Immunology -1.7% decrease 65.2% of CY2024 services
Otolaryngology (ENT) -1.3% decrease 93.2% of CY2024 services
Hematology & Oncology -1.3% decrease 9.5% of CY2024 services
Nephrology -1.1% decrease 66.0% of CY2024 services
Physical Medicine & Rehabilitation -1.0% decrease 39.0% of CY2024 services
Dermatology -1.0% decrease 84.7% of CY2024 services
Gastroenterology -1.0% decrease 55.0% of CY2024 services
Ophthalmology -1.0% decrease 35.3% of CY2024 services
Pulmonology -0.9% decrease 83.2% of CY2024 services
Orthopedics -0.8% decrease 29.0% of CY2024 services
Obstetrics & Gynecology -0.8% decrease 42.5% of CY2024 services
Pain Management -0.7% decrease 29.9% of CY2024 services
Primary Care -0.7% decrease 56.0% of CY2024 services
Urology -0.7% decrease 26.7% of CY2024 services
Rheumatology -0.6% decrease 3.2% of CY2024 services
Podiatry -0.6% decrease 84.8% of CY2024 services
Neurology -0.4% decrease 17.4% of CY2024 services
Endocrinology -0.4% decrease 30.5% of CY2024 services
Cardiology -0.0% decrease 82.0% of CY2024 services
Psychiatry +0.0% increase 86.1% of CY2024 services

Weights are CY2024 Medicare FFS observed services from the CMS Physician & Other Practitioners dataset, grouped by rendering-provider specialty. Only services with a payment amount in both releases are included. The coverage column shows that share, so a partial result isn't mistaken for a specialty's whole book. Using one year's volume as weights doesn't mean volumes were the same across years. Specialty labels here map to observed CMS rendering-provider specialty groups, which are not identical to the curated code list on each specialty's page. Specialties whose impact can't be computed from observed data are omitted rather than shown as 0%.

Get notified when rates change

Medicare updates the fee schedule every quarter. We'll email you when a release moves rates.

Source file: rvu24ar-posted-04-01-2024.zip Copy link

CMS published the Q1 2024 Physician Fee Schedule as the RVU24A release (rvu24ar-posted-04-01-2024.zip). Every amount on this page was computed from the files inside it. CMS reshuffles columns between releases and sometimes re-publishes files in place, so we read columns by header name and keep every version CMS posts. That keeps the numbers here reproducible. Checksums, download links, and a column-by-column guide to what's inside are on the RVU24A source page.

Method Copy link

Amounts are national non-facility figures (GPCI 1.000, before sequestration), computed from each release's RVUs and conversion factor. Only codes payable in both releases are compared. See how Medicare pays.

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