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HCCIntel Recording: Unlocking Revenue Streams- Jan ...
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This document discusses the 2024 Medicare Physician Fee Schedule and its impact on home-based medical care. It covers various topics such as coding, reimbursement, policy changes, and revenue opportunities. The document also highlights the newly implemented reimbursement CPT codes for home-based medical care and risk adjustment models, including Hierarchical Condition Category (HCC) coding.<br /><br />The document explains that the final conversion factor for CY 2024 is 32.74, down from the previous year. It discusses the increased payment opportunities for primary care and direct patient care. It also addresses the Social Determinants of Health (SDoH) risk assessment and the coding and reimbursement associated with it.<br /><br />The document provides information on behavioral health integration services, including the codes and requirements for billing. It also discusses preventive vaccine administration services and the additional payment for administering vaccines in the home.<br /><br />Caregiver training is another topic discussed in the document, including the reimbursement for practitioners who provide training for caregivers. The code sets and requirements for caregiver training are also outlined.<br /><br />The document covers community health integration services and the codes associated with it. It explains that these services involve linking underserved communities with critical health care and social services.<br /><br />Telehealth is discussed, including the permanent and temporary changes implemented for rendering telehealth services. It also provides information on the place of service codes and modifiers for billing telehealth services.<br /><br />The document concludes with information on Hierarchical Condition Category (HCC) coding, its importance in risk adjustment, and its impact on reimbursement rates.<br /><br />Overall, this document provides a comprehensive overview of the 2024 Medicare Physician Fee Schedule and its implications for home-based medical care.
Keywords
2024 Medicare Physician Fee Schedule
home-based medical care
coding
reimbursement
policy changes
revenue opportunities
risk adjustment models
Hierarchical Condition Category (HCC) coding
primary care
telehealth
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