Updating Your Fee Schedules. It’s Important to the Health of Your Clinic

by Outsource Receivables, Inc. | Jan 16, 2019 | Health Practice Marketing Goals, Medical Billing & Coding, Outsourcing Medical Billing, Patient Self-Pay Options

Making yearly updates to your charge fee schedule is one of the most important things a doctor can do to ensure the collection of an appropriate amount for services.

Lowest Denominator
Each year, Medicare updates their payment schedules for medical services. Typically, this is the lowest rate a doctor can expect to be reimbursed by any insurance provider. As the lowest denominator for which fees are paid, setting your schedules to collect an appropriate amount from Medicare is the right place to start.