If you work in respirology, physical medicine, or geriatric medicine, you should know there’s been an increase in payment rates for certain fee codes. All increases date back to April 1st, so if you’ve previously submitted claims without the new rate keep an eye out for explanatory code BG on your remittance to indicate that they’ve been processed at the new rates. Any payment disparities will be resolved on future remittance statements shown with adjustment code 80. Be sure to update your banking information for all payment numbers as retroactive payments will be made to the payee number connected with the claim. Otherwise, as of April 1st, 2020 the following fee codes have been amended: Respirology Fee Code Previous Rate New Rate 32010 $228.00 $229.31 32012 $120.80 $121.50 32014 $83.00 $83.53 32007 $74.83 $75.28 32008 $60.12 $60.53 32011 $68.00 $69.08 32110 $228.00 $229.31 32112 $120.80 $121.50 32114 $83.00 $83.53 32107 $74.83 $75.28 32108 $60.12 $60.53 Physical Medicine Fee Code Previous Rate New Rate 01706 $76.56 $84.80 01776 $76.56 $84.80 Geriatric Medicine Fee Code Previous Rate New Rate 33401 $291.50 $295.00 33403 $291.50 $295.00 33440 $200.00 $228.35 33442 $120.00 $130.00 33421 $291.50 $295.00 33473 $291.50 $295.00 33423 $200.00 $228.35 33424 $120.00 $130.00 Staying up to date on the latest amendments will ensure that you get paid on time and as expected. If you have any questions, feel free to get in touch with our support team. This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author(s) as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by RBC Ventures Inc. or its affiliates. Related posts: B.C. Family Doctors: Retroactive GPSC Fees Payment – Spring 2022 Business Cost Premium covers MSP Fees for BC Doctors New MSP Service Location Codes An MSP Expert in your Pocket Find codes and bill premiums with a tap. Get a $150 Credit when you sign up for Dr.Bill*. *Terms & Conditions apply Claim Your Credit
1/* When you sign up for the Comprehensive Plan (fee of 1.95% of paid claims per billing cycle) with Dr.Bill you will receive a $150 billing credit (“Billing Credit”) to be applied to future Dr.Bill fees ( “Offer”). Offer is only available to new Dr.Bill users and can only be used once. Billing Credit cannot be converted to cash. If you cancel your Dr.Bill account or switch to the Essentials Plan at any time before the Billing Credit balance has reached $0, you will forfeit the balance of the Billing Credit. Offer cannot be applied retroactively and may not be combined or used in conjunction with any other Dr.Bill offer. Offer is only available in provinces where Dr.Bill operates. Offer may be amended or withdrawn at any time without notice. 2Up to $7,500 in billings free refers to the maximum amount of billings with a fee rate of 1.95% of paid claims that the $150 billing credit would cover in full. You will be charged for any additional services requested outside of the Comprehensive plan.
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