Practice Management

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  • 1.  QPA Inflation Adjustment

    Posted 12-21-2022 11:49

    For those of you playing the No Surprises Act out of network game, the IRS has finally published the 2023 inflation adjustment to Qualifying Payment Amounts.  2022 QPA's should be increased 7.68582128% for 2023 services.  By my calculation, in most cases that means January 2019 median contract rate for the same code, same geography, same specialty + 14.66950505%.

     

    See https://www.irs.gov/pub/irs-drop/n-23-04.pdf

     

    If you expect to be rendering services covered by the balance billing limitations of the No Surprises Act in 2023, I recommend getting this in front of applicable payors so they can't say they didn't know.

     

    Dave

     

     

           David Smith, FACMPE  |  Executive Director  |  785.393.8387

    5800 Foxridge Dr.  Ste 240  |  Mission, KS  66202  |  www.uickc.com

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