Labor Department Increases Fee Schedule Conversion Factors

The Minnesota Department of Labor and Industry announced that medical fee schedule conversion factors are increasing Oct. 1. The department adopted rules that would increase by an average of about 0.5% the factors used to determine the maximum fee owed for health care services. Fees for medical services in Minnesota are determined based on Medicare’s relative value units and geographic price adjustments, which are multiplied by a conversion factor to calculate the dollar amount owed to the service provider. Effective Oct. 1, conversion factors will be: Medical and surgical ser...