Medicare Reimbursement Rates Increase Effective July 1 July 2, 2015 Medicare, Payment ., Medicare, Medicare physician reimbursement rate, Noridian 0 A 0.5% physician payment increase will go into effect for dates of service from July 1 through December 31, 2015. This mid-year increase is a result of the Medicare Access and CHIP Reauthorization Act (MACRA). The Centers for Medicare & Medicaid Services released the updated RVU files reflecting the payment increase and new conversion factor, $35.9335 (previously $35.7547). Noridian, the Medicare Administrative Contractor for California, has posted the new fee schedule that will be in effect from July 1 through December 31, 2015. There will be an additional 0.5% increase on January 1, 2016. Click here to view the new fee schedule for July 1 through December 31. Comments are closed.