subject: Work Smarter with Fee Schedule Tool [print this page] On June 25, 2010, the Centers for Medicare & Medicaid Services (CMS) released the proposed 2011 Medicare Physician Fee Schedule. The 1200-page regulation covers proposals and policies affecting all doctors paid through the Medicare system.
As such, Fee Schedule is a tool all coders must keep handy. It is a complete listing of fees used by Medicare to pay physicians or other providers/suppliers. This all-encompassing listing of fee maximums is used to reimburse a doctor and/or other providers on a fee-for-service basis. CMS develops fee schedules for doctors, ambulance services, clinical laboratory services, and durable medical equipment, prosthetics, orthotics, and supplies.
Fee Schedule displays the relative value unit (RVU) and provides Medicare code status and modifier guidelines. This key tool also provides you with CPT/HCPCS global information and lots more! When you have access to this tool, you will be able to work smarter and more profitably.
Whether it's physicians and coding specialists in offices, hospitals, ambulatory surgical centers, urgent care centers, emergency department and other segments of the medical coding industry, all are making good use of the Fee Schedule. You should too.
So if you are going blurry looking for Column P or Z in Medicare's fee schedule, you know what to do.
To have access to this tool, you can sign up for a one-stop Medical Coding website. Such a site provides you with the fee schedule tool to determine code payments, code claim submission order along with modifier usage. So sign up for one today and be familiar with the current fee schedule.
