BackTable Brief: Understanding Medical Facility Fees in Practice with Dr. Barbara Levy

OBGYN Briefs - Understanding Medical Facility Fees in Practice

The way you code and calculate costs might be affecting your practice more than you realize. In this episode of BackTable OBGYN, hosts Dr. Mark Hoffman and Dr. Amy Park welcome back Dr. Barbara Levy, a clinical professor at George Washington University and UCSD. They discuss the complexities of practice expenses and coding in medical specialties, emphasizing the differences between direct and indirect expenses which vary by geography and specialty. 

The conversation covers the challenges in surveying costs, the importance of accurate representation in surveys, and the strategic implications of coding. They also touch on the complications arising from procedure revaluation and the impact of site-of-service on reimbursements.

TIMESTAMPS

00:00 - Introduction 

00:48 - Understanding Practice Expenses

02:28 - Survey Challenges and Fraud Concerns

03:19 - Valuation of Medical Procedures

07:39 - Impact of Code Changes on Payments

11:01 - The Complexity of Medical Coding

15:18 - Site of Service and Facility Fees

CHECK OUT THE FULL EPISODE

OBGYN Ep. 55

https://www.backtable.com/shows/obgyn/podcasts/55/insights-on-obgyn-coding-reimbursements