The Colorado Division of Workers’ Compensation has adopted changes to its medical fee schedule that include new conversion factors for calculating reimbursement rates under the state’s Resource-Based Relative Value Scale.
For example, the conversion factor for radiology has dropped to $71.99 in the new fee schedule compared to the previous amount of $93. The factor for pathology has decreased to $68.31 from $77.62.
In contrast, some conversion factors have increased, such as that for physical medicine, which is $41.14 in the new fee schedule rather than $40.24. The conversion fac...
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