Future impact of 2009 Medicare reimbursement

Written by Reed Tinsley | December 8, 2008

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 the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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