decisionhealth Newsletters, Part B News - 2008 Issue 3 (March)
Benchmark of the Week: Ten common codes that pay less in 2008
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Article Overview
This article reviews a set of commonly used physician service codes that declined in value between 2007 and 2008, based on a comparison of Physician Fee Schedule data. It explains the general reason for the changes, notes that the analysis focused on physician services rather than drugs, labs, or equipment, and highlights why the topic matters for practices that bill office-based services. The piece is relevant to coders, billers, compliance staff, and physician practices tracking Medicare payment trends and relative value unit updates.
Why This Topic Matters
Understanding year-to-year Medicare fee schedule shifts helps practices anticipate payment changes for high-volume services and assess the impact of RVU revisions on office-based reimbursement.
What You Will Learn
- How a Physician Fee Schedule comparison can be used to identify payment changes for common physician services.
- Why practice expense relative value unit changes can affect reimbursement for office-based services.
- What types of services were included and excluded from the analysis.
- Why utilization volume matters when evaluating commonly billed services.
Who Should Read This
- Medical coders
- Medical billers
- Revenue cycle staff
- Compliance professionals
- Physician practices
- Practice administrators
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