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2014 Fee Schedule Survey Results

2014 Fee Schedule Survey Results

  • 2014 Fee Schedule Survey - Introduction
    Input from this year's Fee Schedule Survey was pretty much split evenly on a regional level, encompassing 1,613 physicians' practices.
  • 2014 Fee Schedule Survey - Demographics
    The majority of respondents to the 2014 Fee Schedule Survey were small, primary-care practices working independently.
  • 2014 Fee Schedule Survey - Regional
    Reimbursement levels for new patient visits were relatively higher in the Plains and Rockies / North Central, while states in the West showed the highest existing patient visit rates.
  • 2014 Fee Schedule Survey - Specialty
    No surprise here that the specialties experienced higher reimbursement rates than their primary-care peers in the 2014 Fee Schedule Survey.
  • 2014 Fee Schedule Survey - Volume to Value 2014
    Four in 10 practices said they expect less than 10 percent of their revenue in 2014 to come from non fee-for-service contracts with payers.
  • 2014 Fee Schedule Survey - Volume to Value 2015
    More medical practices expect to see revenue from non fee-for-service contracts in 2015 than they did in 2014, but a majority still say it will be less than 10 percent.
  • 2014 Fee Schedule Survey - Procedures
    New and established patient visits made up five of the top eight most commonly billed procedures by respondents in the 2014 Fee Schedule Survey.

Fee-for-service reimbursement continues to fall amid the shift from volume- to value-based physician payments. It is more important than ever that medical practices control its payer contracts and look to boost reimbursement. To do so, read "Physician Reimbursement Changes: 5 Ways to Gain Control."

To view the slides in PDF format, click here.

Comments

Fee surveys tend to be skewed due to respondents pumping up or playing down their own fees. Accurate and current fee data, based on an analysis of over 1 billion actual charges submitted by healthcare professionals to private and government payers can be found in Medical Fees 2015, published by PMIC. The publication includes fees for almost all procedures and services found in the CPT coding system, including proposed fees for new procedures based on a proprietary algorithm. Medical Fees 2015 is used by providers payers nationwide for fee schedule analysis and challenging low payments by payers.

{Comment edited to remove promotional material.}

James B. Davis, Editor and Publisher
Practice Management Information Corporation (PMIC)

James @

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