Cost the medical billing code 99284?
The cost of medical billing code 99284 can vary widely depending on several factors such as the geographic location, the type of medical facility or practice, and the specific circumstances of the patient. Here are some estimates and considerations regarding the cost of 99284:
1. Standard Medicare Reimbursement: According to the Medicare Physician Fee Schedule for 2022, the national average Medicare reimbursement for code 99284 is approximately $114.05. However, this amount may vary based on geographic adjustments and modifiers.
2. Commercial insurance Reimbursement: Commercial insurance companies may reimburse differently for code 99284 compared to Medicare. The reimbursement rate can vary depending on the specific insurance carrier, the patient's insurance plan, and any applicable coinsurance or deductible.
3. Facility Fees: If the service is provided in a hospital or outpatient facility, there might be additional facility fees associated with code 99284. These fees can vary widely and can add significant cost to the overall charge.
4. Geographic Variation: The cost of medical services, including the reimbursement rate for code 99284, can vary significantly from one geographic region to another. This is due to factors like the cost of living, market conditions, and healthcare provider reimbursement policies.
It's important to note that these estimates are general figures, and the actual cost for code 99284 can differ significantly based on the specific circumstances and location. For the most accurate information regarding the cost of 99284 for a specific patient, it's best to contact the medical billing department of the healthcare provider or insurance company.