How much will I get reimbursed for RTM codes?
Understanding reimbursement for RTM services: factors to consider
Factors Affecting Reimbursement Amounts
It is important to understand that exact reimbursement amounts for RTM services can vary depending on several factors, such as geographic regions, payers, and individual insurance plans. As a result, the reimbursement amounts for RTM codes may differ among providers and patients.
Examples of Reimbursement Amounts
To provide a better understanding of the variation in reimbursement amounts, we can examine the average reimbursement for two specific RTM codes across different payers:
- RTM Code #98975 (Initial Set-Up and Education)
- >Aetna: $19
- >Blue Cross Blue Shield (BCBS) of Colorado: $21
- >United Healthcare: $20
- RTM Code #98977 (Data Transmission and Supply of Device)
- >Cigna: $58
- >Oscar Health Insurance: $66
These examples demonstrate the range of reimbursement amounts that healthcare providers may receive for RTM services. It is crucial for providers to be aware of these variations and consider them when billing for RTM.
The reimbursement amounts for RTM services can vary significantly depending on factors such as geographic location, payers, and individual insurance plans. Healthcare providers should be aware of these variations and adjust their billing practices accordingly. By understanding the potential range of reimbursement amounts, providers can better navigate the complexities of billing and maximize their reimbursement potential while delivering high-quality, remote care to their patients.
