HIT Consultant March 25, 2020
What You Should Know:
– FAIR Health brief finds the total costs for all hospitalized COVID-19 patients range from a low of $362 billion in charges and $139 billion in estimated allowed amounts to a high of $1.449 trillion in charges and $558 billion in estimated allowed amounts, depending on the incidence rate of the infection in the US population.
– The total average charge per COVID-19 patient requiring an inpatient stay is $73,300 and the total average estimated allowed amount per commercially insured patient is $38,221.
– The top 10 telehealth codes most often associated with all respiratory infections, with the predominant one in 2019 being CPT 99441 (physician/QHP telephone E&M, 5-10 minutes), which accounted for 50 percent of...