Medical Practice Management
Dec 08

Analyze future impact of 2009 Medicare reimbursement

Using your 2008 CPT frequency report, make a spreadsheet with the following four columns:

 

a) CPT Code (Starting with your highest utilized CPT, working your way down)

b) 2008 Medicare Reimbursement (Allowable)

c) 2009 Medicare Reimbursement (Allowable)

d) % change of b to c

 

Using this simple spreadsheet, you will be able to see the revenue impact of the 2009 Medicare fee schedule on your medical practice. You can also add the following columns to quantify the revenue impact:

 

e) b-c dollar difference

f) Utilization

g) Increase (decrease) in revenue

About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read more →