2024 Rvu Values Adopt. Medicare physician fee schedule rates effective january 1, 2024, through march 8, 2024. The values are maintained by the most active and experienced traders worldwide.
Cms proposes to decrease the conversion factor (i.e., the amount medicare pays per relative value unit, or rvu) to $32.75. The 2024 medicare physician fee schedule final rule released by cms in november 2023 sets the 2024 rvu conversion factor at $32.74, a decrease of $1.15, or 3.4%,.
