On July 13, 2023, the U.S. Centers for Medicare and Medicaid Services (CMS) issued the calendar year (CY) 2024 Medicare Physician Fee Schedule (MPFS) Proposed Rule, which describes potential changes to the fee schedule for 2024. This paper summarizes proposed changes that are likely to impact physicians in 2024. If the CY 2024 proposed changes become final, then the average Medicare reimbursement for physicians will decrease by approximately 1.2% from 2023.
