Consolidated Appropriations Act Update
As you probably heard, Congress passed the Consolidated Appropriations Act(CAA), 2023, on December 23, 2022. The key components for anesthesia include the reset in the Pay-As-You-Go cuts until 2025, additional funding for the CMS fee schedule reducing the anesthesia conversation factor to approximately $21.1249 (a 2.03% reduction from the 2022 conversion factor), the Advanced Alternative Payment Plan Model