Medicare Cuts: How Providers and Patients Are Paying the Price
Is This the Beginning of the End of Medicare?
RCM Roundup with Coach Tiff from Beyond RCM
🚨 It’s mid-January 2025—do you know where your Medicare reimbursements stand? In this 11-minute and 30-second video, Coach Tiff dives into the latest Medicare updates and their potential impact on providers, practices, and even patients in the long term. If you’re a healthcare professional, administrator, or someone who just wants to stay informed, this is a must-watch episode!
👉 What We Cover in This Video
🔹 Changes to Medicare's conversion factor (-2.83%)
🔹 How RVUs affect CPT code reimbursement
🔹 Why these reductions could hurt providers—and ultimately patients
🔹 What every practice manager and medical professional needs to do NOW to prepare
🔹 The ripple effect on commercial payer contracts tied to CMS rates
💡 Stick around for actionable advice on how to review your reimbursement rates, check contracts, and prepare your practice for these systemic changes. Whether you’re a medical provider, practice manager, or a curious patient, this video breaks down complex topics into easy-to-understand insights.
📌 Timestamps
00:00 – Introduction: Is Medicare in Trouble?
01:45 – Quick Overview of Beyond RCM Channel
03:10 – Medicare's Conversion Factor Reduction Explained
04:50 – Understanding RVUs and Their Impact on Reimbursement
06:40 – Action Steps for Practices: Check Your Reimbursement Rates
09:20 – Impact on Commercial Insurance Contracts
10:20 – Long-Term Effects on Providers and Patients
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Thank you for watching! 🌟 Let’s stay connected as we navigate these challenging times in healthcare together. See you in the next RCM Roundup! 👋
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