Reimbursement shock
Hi All,
I recently had my first patient insured by Cigna. Spent a good hour with them during the first visit. Billed level 4. Getting my reimbursement of $41 and $25 copayment! This is around 40-45% of Medicare rates!! First of all, what the heck! Is this normal? And if so, how are you mitigating this?
We’re definitely requesting a rate increase, but looking to get your thoughts.
I am also curious, in the day and age of lousy insurance reimbursement, what is your approach to primary care financial operations? Do you recommend just going to $xx per month in addition to billing the insurance?
Thanks!