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.
Additional Reading
Dr. Nour Khatib left medical school for a finance career, but a persistent calling encouraged her to return years later and become an emergency physician.
