When you see a hospital charges an average of 2.5 .Medicare, did you know there are 5 pay rates?
Independent ambulatory surgery centers ASCs and PCPs only get 1/3 to 1/2 system owned clinics and remote surgery centers. But charges (retail we are billed for by system owned) can be 4x , 8x or unlimited x —even though they don’t expect to get that? “Chargemaster” rates are considered a trade secret but are how much every hospital marks up Medicare rates to bill us and our insurance.
When you read the AHA – the hospital lobby- sued POTUS to fight transparency mandates by Executive Orders, it revolves around these types of secrets.
Excerpt
CPT code | Current rate | Proposed |
99201 (Level 1) | $45 | $44 |
99202 (Level 2) | $76 | $135 |
99203 (Level 3) | $110 | $135 |
99204 (Level 4) | $165 | $135 |
99205 (Level 5) | $211 | $135 |