It's back: APTA's members-only Medicare physician fee schedule calculator for 2020 is live.
This year's calculator incorporates the 50% multiple procedure payment reduction (MPPR) as well as the overall 2% cut to Medicare payments implemented through sequestration. The calculator, delivered by way of an Excel spreadsheet, calculates Medicare physician fee schedule payment for procedures provided to a beneficiary on a given day in a specific geographic location.
Other features include options for selecting your Medicare participation status—participating, nonparticipating but accepting assignment, or nonparticipating and not accepting assignment—as well as the ability to compare the 2020 payment rate with the rate in 2019. The calculator also features a Merit-based Incentive Payment System (MIPS) adjustment tool, which isn't applicable to physical therapists this year but will become a useful tool beginning in the 2021 payment year.