Medicare Conversion Factor Increased to $33.2875 By Michael Cassidy on March 27, 2024 Email this postTweet this postLike this postShare this post on LinkedIn The 2024 Consolidated Appropriations Act passed and signed on Saturday, March 23, 2024, increased of Medicare Conversion Factor from $32.7442 to $33.2875, an increase of slightly over $0.54.