2024 “Updated Final” Medicare Fees

As you may have heard, federal legislation taking effect March 9, 2024 for the rest of 2024 included an update to the Medicare Conversion Factor (CF), which will affect reimbursement for Part B services including services provided by psychologists. I previously reported “final” fees that went into effect January 1, based on the CF reported …

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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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How Much Do Psychologists Charge?

It’s been a while since I reported about this. Given that hospitals and now insurance companies are required to publicly report their charges including cash prices for uninsured consumers and negotiated reimbursement, and especially in the context of current needs for access and care, maybe it’s time for mental health clinicians to increase transparency. What …

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Price Comparison Summary Behavioral Health Services Madison And Related System Locations

The following are prices listed for the six behavioral health services required to be provided by hospitals in a consumer-friendly “shoppable services” search. Prices were retrieved 15 January 2022 on review of these three hospitals and related locations. Location Service SSMHealth St. Mary’s UnityPoint Health Meriter UW 30 Minute Therapy NF PC $154 45 Minute …

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Hospital Compliance With Federal Price Transparency Requirements: Updated Review of Madison, Wisconsin Hospitals

In August 2021 I reviewed Madison hospitals’ compliance with the Federal “Hospital Price Transparency Final Rule,” which requires hospitals to make their make their standard charges readily available to the public, in both “consumer-friendly” and “machine-readable” formats. Hospitals have now had an additional five months to come into compliance, and it’s time for an update …

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