FEE SCHEDULE Revize Form

Instructions and help about FEE SCHEDULE Revize

[Music] foreign [Music] as we discussed in the earlier classes the insurance companies reimburse the providers based upon the CPT codes built to them by the providers now we know that the CPT codes indicate the level of complexity of the patient's visit based on the time spent by the doctor with the patient to evaluate the medical condition now these reimbursements or payments are based on something called as provider free schedule now what is a free schedule a fee schedule is a complete listing of all the CPT codes and the corresponding fees used by Medicare to pay doctors or other providers or suppliers [Music] now who will who decides the dollar value of a specific CPT code or how much payment a CPT code must receive if you remember from our previous classes CMS which is centers for Medicare and Medicaid services is the regulatory Organization for healthcare in U.S since Medicare is a federal insurance they will determine the provider fee schedule if you look at the figure this is h