Medicare Conversion Factor Over Time With 2024 Proposed Rule Update
Note: Red = 2 year moving average trendline. Source: https://www.cms.gov/medicare/medicare-fee-service-payment/physicianfeesched/pfs-federal-regulation-notices/cms-1784-p
Archive of entries posted on July 2023
Who’s Opting Out Of Medicare? – Mental Health And Other Specialties
When I wrote about this in 2018, the trend was a decreasing rate of mental health clinicians opting out of Medicare, despite flattening reimbursement rates and other concerns. At that time, a total of 8,661 psychiatrists, psychologists, and clinical social workers had formally opted out, estimated to represent fewer than 2% of available mental health …
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Psychotherapy In Medicare – Update, The Second Pandemic Year
I previously reported about psychotherapy utilization in Medicare during the first pandemic year, 2020. Public use data have recently become available for 2021, allowing comparisons and perhaps some insights into psychotherapy in this very large population (62.6 million total enrollees in 2021). All psychotherapy provided For this analysis, only procedure codes reflecting 30, 45, and …
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How Much Do Therapists Charge? – 2023 Update
I first reported about mental health fees in 2013, and then again last year. The following update is based on all charges submitted to Medicare for these services in 2021 by psychiatrists, psychologists and social workers. In theory, charges to patients who have Medicare are likely to be the same as or very similar to …
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