SCI & research opportunities in: DC, KS-Kansas City, OH-Cleveland
Academic Opportunities in CT, DC, KS, MD, MI, NC, VT
All EMG’s in TN
Regenerative Medicine in CO & CT
Locum tenens in VA & TX
Practice Purchases in ND, NV, SC
BUYER FOR SOUTHEASTERN OUTPATIENT PRACTICES AVAILABLE
FEATURED PRACTICE OPPORTUNITIES
MEDICAL DIRECTOR, REHAB UNIT
NORTHEASTERN PA – 1 hour to Allentown, 1 hour+ to Philadelphia
Excellent program with strong outcomes
No weekends, no call
Large referral network with 7 hospitals and many outpatient centers
Collegial atmosphere at this exciting new practice opportunity
Work with exceptional physiatrists
OVERLAND PARK, KS
Affiliated with the University of Kansas
New hospital with private rooms with state-of-the-art therapy and equipment
Choice of employee or independent contractor
New Physical Therapy Evaluation and Reevaluation CPT Codes
The 2 familiar CPT codes for physical therapy evaluation and reevaluation disappeared beginning January 2017. In their place, PTs must use 3 new evaluation codes and a new reevaluation code. Now is the time to become familiar with them.
The final CMS physician fee schedule for 2017 introduced the 3 new CPT codes for physical therapy evaluation and 1 new code for reevaluation. The new evaluation codes reflect 3 levels of patient presentation: low-complexity (97161), moderate-complexity (97162), and high-complexity (97163), and replace the current 97001 code. The new reevaluation code (97164) replaces the current 97002.
CMS failed to adopt tiered payment values for the 3 evaluation codes, as was recommended by the American Medical Association (AMA) Relative Update Committee. APTA’s comments in response to the proposed rule had reiterated its recommendations for stratified payment for different levels of complexity in physical therapist evaluations. However, CMS held in the final rule to its original proposal for a single payment value, which did not change from the 1.20 value for the old 97001 code. CMS did adjust the value of the new code for reevaluation, raising it from 0.60 to 0.75. The agency also acknowledged APTA’s concerns for adequate time to educate PTs on the use of the new coding system by making no changes to the Medicare benefits policy manual for 2017, meaning medical reviewers won’t be able to penalize providers regarding the medical necessity for the new evaluation requirements.
CMS says it will collect and analyze utilization data on the new evaluation codes during 2017 for possible future changes in payment policy. What this means is that even though the code values weren’t stratified for 2017, it’s critical for PTs to be thoughtful in choosing the most accurate code for each examination, as CMS potentially will use the data when and if it does decide to establish tiered payment.
As part of APTA’s longstanding efforts to pursue a new payment system that fairly reflects the expertise, skill, and responsibility of physical therapists in caring for their patients and clients, the association and its collaborators developed this 3-tiered system of CPT evaluation codes to replace the current single code that covered all physical therapist evaluations.
The new CPT evaluation and reevaluation codes are a step in the right direction toward overall payment reform, and APTA continues to work with AMA and other provider groups in seeing value-based payment evolve.
Article obtained from the American Physical Therapy Association
REMINDER – IMMEDIATE RELEASES OF NEW PRACTICE OPPORTUNITIES
If you’d like to receive immediate release of new practice opportunities, please sign up at my website at www.farrhealthcare.com. The upper left hand side has a place where you can enter your email address.
About once every week or two, you will receive an email about any new practice opportunities. More information about the new practice opportunities may be found by clicking on the Openings tab on the Farr Healthcare website. Even more information is available by contacting Farr Healthcare, Inc. at [email protected], 888-362-7200.
REMINDER – THANK YOU REFERRAL BONUS
As a thank you, Farr Healthcare, Inc. continues its referral bonus program.
Any doctors you refer to me for a particular opportunity who ultimately start work at that opportunity, Farr Healthcare, Inc. will provide you with a $1,000 as a thank you. I look forward to hearing from you.