Medical Billing Conversion Factor Cut 4.4 Percent Medical billing reimbursements are looking dismal for 2006. Although inflation rises, the Medicare conversion factor will lower from 2005 to 2006. You may need to find other areas in your practice to compensate for medical billing reimbursement loss. In early November of 2005, the Centers for Medicare and Medicaid services released the 2006 fee schedule for physicians. The Medicare conversion factor, that has a lot to do with payment fee schedules, was slashed by 4.4%. The medical billing conversion factor and relative value units are the two major factors used in the schedule construction. In 2005 the conversion factor was 37.8975. This year, …