Physician Fee Schedule Final Rule for Calendar Year 2025

2025 conversion factor

$32.3465 (updated 11/19/2024)

Coverage of new HCPCS codes

On November 1, CMS released the final 2025 Medicare physician fee schedule. The rule contains dozens of new HCPCS codes that will take effect Jan. 1, 2025. From cardiovascular disease assessment and caregiver training services to a suite of behavioral health services, the new codes offer new ways to gain reimbursement and provide care to your patients. The round-up below provides a closer look at the new codes, their full descriptors, 2025 fees and key billing details.

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Last revised September 22, 2025 - CodingIntel Editor
Tags: CMS updates

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