Medicare Increases Rates for Vasomedical EECP Therapy for 2008
January 25, 2008 - Medicare has increased reimbursement payment rates for EECP therapy for 2008, effective immediately for the first six months of 2008 and result in a new national average physician fee payment level of $156.16 per session for EECP therapy - an increase of 6.2 percent over the 2007 payment rate.
This increase results in a total national average physician fee payment rate of $5,465.60 for a typical 35-hour course of therapy. Changes in the national average physician fee payment for 2008 were a result of the rollback of the planned decrease in the physician dollar conversion factor and an increase in the practice expense portion of the Relative Value Units for EECP therapy.
The national average reimbursement rate for EECP therapy administered in the hospital outpatient setting also increased for 2008 to $109.47 per session, or 2.3 percent higher than the rate for 2007. This increase results in a national average hospital outpatient payment rate of $3,831.45 for a typical 35-hour course of therapy. Medicare payment rates for physicians and hospitals are adjusted according to a providerï¿½s location within the United States.
For more information: www.vasomedical.com
More like this
- Results of Two Studies on Counterpulsation Therapy to Promote Collateral Growth Presented at the ACC
- CMS Raises SPECT, Cardiac CT Reimbursement
- Medicare Boosts Payment 3.6 Percent to Insurers in Medicare Advantage
- Vasomedical Inc.
- CASCA Applauds CMS’ Recognition of the Value of Ambulatory Surgery Centers