decisionhealth Newsletters, Part B News - 2000 Issue 9 (September)
Weigh risks and rewards of multiple fee schedules
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Article Overview
This article discusses the practical and compliance issues practices should weigh before using multiple fee schedules. It covers administrative workload, payer comparison and write-off tracking, Medicare charging concerns, and the handling of discounted rates for low-income patients. The piece is aimed at physicians, practice managers, billing staff, and compliance professionals evaluating fee schedule strategies.
Why This Topic Matters
Fee schedule design affects billing accuracy, reimbursement tracking, and compliance risk. Understanding the tradeoffs helps practices reduce administrative errors and avoid pricing structures that could create legal or operational problems.
Article Sections
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Administrative Hassles
This section reviews operational concerns associated with maintaining more than one fee schedule in a medical practice. It addresses workload, organization, payer comparison, and year-end update burden.
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Medicare compliance issues
This section discusses Medicare-related concerns that may arise when a practice charges different payers differently. It focuses on the general compliance questions raised by varying charge structures.
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Setting rates for low-income patients
This section looks at pricing approaches for patients with limited ability to pay. It addresses charitable discount concepts and the broader compliance considerations around reduced charges.
What You Will Learn
- How multiple fee schedules can affect office administration and billing workflow
- What general Medicare-related compliance concerns are associated with differing charge structures
- How practices may think about discounted pricing for low-income or uninsured patients
- Why some practices prefer a single fee schedule with payment-side adjustments
Who Should Read This
- Physicians
- Practice managers
- Billing managers
- Medical office administrators
- Compliance professionals
- Healthcare attorneys
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