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Fact sheetCalendar Year (CY) 2023 Medicare Physician Fee Schedule Final Rule Nov 01, 2022On November 01, 2023, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that includes
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Start with the first month of the year, January.
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Calendar year cy Medicare refers to the reporting and filing of Medicare information for a specific calendar year.
Healthcare providers, facilities, and organizations that provide Medicare services are required to file calendar year cy Medicare.
Calendar year cy Medicare is typically filled out electronically through the Medicare Provider Enrollment, Chain, and Ownership System (PECOS).
The purpose of calendar year cy Medicare is to ensure accurate reporting and billing of Medicare services provided to beneficiaries.
Information such as the healthcare provider's NPI number, services provided to Medicare beneficiaries, and billing codes must be reported on calendar year cy Medicare.
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