Table 7Average annual percentage change in all conversion factors

1993-19981 Cumulative Increase1993-1997 Annualized Growth Rate1993-1998 Annualized Growth Rate
Surgical 14.7%6.4%2.8%
Primary care, 1994-1998 17.3%3.4%3.2%
Nonsurgical 17.3%2.0%3.2%
1

In 1993 there was no separate primary care conversion factor. The conversion factor used to calculate increases is the nonsurgical rate.

Source: Calculated from data reported in the Federal Register:

Final Notice, Federal Register, Vol. 57, No. 228. Wednesday, November 25, 1992.

Final Notice with Comment Period, Federal Register, Vol. 58, No. 230, Thursday, December 2, 1993.

Final Notice, Federal Register, Vol. 59, No. 235, Thursday, December 8, 1994.

Final Notice, Federal Register, Vol. 60, No. 236, Friday, December 8, 1995.

Final Notice, Federal Register, Vol. 61, No. 227, Friday, November 22, 1996.

Final Notice, Federal Register, Vol. 62, No. 211, Friday, October 31, 1997.

From: 2, Historical Trends in Medicare Expenditure Growth

Cover of Determinants of Increases in Medicare Expenditures for Physicians' Services
Determinants of Increases in Medicare Expenditures for Physicians' Services.
Technical Reviews, No. 7.
Buntin MB, Escarce J, Goldman D, et al.

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