Revision of Medicare Standardization Rates
Effective January 1, 2025, the Centers for Medicare & Medicaid Services (CMS) revised certain rates. To align with these changes, fb88Care is in the process of revising reimbursement rates for Medicare covered codes and services, in the sections listed below. The new rates will reflect 72.4% of the Medicare rates with a retroactive effective date of January 1, 2025, to align with Medicare. Providers can expect these new rates to be implemented by the end of January 2025.
As new rates are implemented, the Department will update the fee schedules posted to theÌýÌýof the Health PAS Online Portal.
Adjustment of ClaimsÌý
- The Department will reprocess claims that were submitted at or aboveÌýthe new rates for dates of service January 1, 2025, through the date of implementation and no provider action is required.Ìý
- Providers who billed claims with chargesÌý²ú±ð±ô´Ç·ÉÌýthe new rates for the same date span noted previously, will be responsible for adjusting claims as you deem appropriate.ÌýÌýÌý
Affected sections of policy:
Section 14 |
Advanced Practice Registered Nursing ServicesÌý |
Section 15 |
Chiropractic ServicesÌý |
Section 30 |
Family Planning Services |
Section 68 |
Occupational Therapy ServicesÌý |
Section 75 |
Vision Services |
Section 85 |
Physical Therapy ServicesÌý |
Section 90 |
Physician Services (*see exception below for ) |
Section 95 |
Podiatry Services |
Section 101 |
Medical Imaging Services |
Section 109 |
Speech & Hearing Services |
* Reimbursement for Enhanced Primary Care Provider services under Section 90, Physician Services will receive 100% of the current Medicare rate.
Note: these adjustments only apply to services benchmarked to Medicare under the specified Sections of Policy for eligible services above. When a Section of Policy cross-references rates in a separate Section of Policy, the reimbursement provisions in the cross-referenced section of policy dictates the reimbursement amount (e.g. reimbursement for laboratory services under Section 95, Podiatry, is dictated by reimbursement methodology and rates set forth in Section 55, Laboratory Services. Podiatry providers will continue to receive reimbursement for Laboratory services in accordance with Section 55).Ìý
For additional billing guidance, please see theÌýHow to Adjust Claims for Retro Rate Increases (PDF) document.Ìý
Please contact yourÌýProvider Relations SpecialistÌýwith questions.Ìý