This course will present up to date information on issues impacting payment, including the new dry needling codes, the COVID-19 business environment and current challenges related to Illinois insurers including BCBS. It will also discuss the 2021 Medicare rates as well as offer insight into alternative payment models of the future.
IPTA's Payment Chair Rick Rausch, PT, DPT, MBA shares his insight and expertise on "Current Challenges in Physical Therapy Reimbursement."
What to expect:
Objectives:
By the end of this lecture participants will be able to:
- Understand how the CPT codes we utilize as Physical Therapist are valued by the AMA RUC process.
- Understand the definitions and values of the new Dry Needling codes.
- Be aware of the proposed reductions to the 2021 Medicare fee schedule and the effect on Physical Therapist practice.
- Identify Alternative Payment Models that could affect physical therapy practice including bundled payment and capitation payment
- Identify the recent decisions by Blue Cross and Blue Shield of Illinois that affect physical therapy reimbursement.
- Understand the financial impact of COVID-19 on Physical Therapy practice and reimbursement.
- Identify the role of telehealth during a pandemic and understand some options going forward.
About the Speaker
Rick Rausch, PT, DPT, MBA is currently the President of Sovereign Rehabilitation, which is a local consulting company, and holds an Adjunct Faculty position at the University of Illinois Chicago, Department of Therapy. He serves as the APTA Advisor to the AMA RUC committee and just started his second term on the APTA Public Policy Advisory Committee. Locally, Rick also serves as the Chair of the IPTA Reimbursement Committee.
This program was originally recorded July 22, 2020.
You can even earn 2 FREE CE:
- Purchase the recording by visiting IPTA's Virtual Library . (FREE FOR IPTA MEMBERS - log in to ipta.org so it knows who you are!) Non-member cost is $35. You can earn 1-2 hours of CE, depending on the length of program.
- Once your transaction is completed, you will receive an email with a link to download a document containing a link to the online recording AND a link to a quiz to complete after you view the recording.
- Watch the recording and complete the quiz. If you score 80% or better, you will receive an email notification of your CE award. If you are an IPTA member, your CE award will also post in your membership profile under Professional Development.
