HCCIntelligence™ Webinar: Unlocking Revenue Streams: Navigating the 2024 Medicare Physician Fee Schedule for Home-Based Medical Care-Webinar Slides

Webinar Slides

Pdf Summary

This document provides a summary of a presentation on navigating the 2024 Medicare Physician Fee Schedule (MPFS) for home-based medical care. The presentation covers the coding, reimbursement, and policy impacts specific to home-based medical care as a result of the 2024 MPFS Final Rule. <br /><br />The presentation discusses the changes in the conversion factor, which is the rate used to determine payment for services. The 2024 conversion factor is 32.74, down from 33.89 in 2023. Despite this decrease, there are increased payment opportunities for primary care and various direct patient care. <br /><br />The presentation also highlights new reimbursement CPT codes for additional revenue in home-based medical care. This includes the administration of standardized social determinants of health (SDoH) risk assessment tools and training services for caregivers. There are also discussions on behavioral health integration services, preventive vaccine administration services, and community health integration services. <br /><br />The presentation emphasizes the importance of accurate Hierarchical Condition Category (HCC) coding for risk adjustment. HCC coding is used to determine annual payments and predict healthcare costs based on patient risk scores and health status. <br /><br />The document also mentions the availability of HCCIntelligence resources, including premier tools, tip sheets, and a resource center. It announces the launch of the HCCIntelligence Revenue Cycle Management Office Hours series, which covers revenue cycle management topics specific to home-based medical care. Additionally, there is information on the HCCIntelligence hotline, webinars, and downloadable tools and guides. <br /><br />Overall, the presentation aims to help providers navigate the changes in the 2024 MPFS and maximize revenue opportunities for home-based medical care.

Keywords

2024 Medicare Physician Fee Schedule

home-based medical care

coding

reimbursement

conversion factor

primary care

social determinants of health

Hierarchical Condition Category coding

risk adjustment

maximize revenue opportunities