CMS reduces Colonoscopy Reimbursement in 2018

The 2018 Medicare Physician Fee Schedule reduces the base unit value for screening colonoscopy from 5 to 3, this represents a 40% reduction in base units for the procedures that translates into an estimated 28% reduction in reimbursement, based on an average of 7.2 units billed.  CPT codes 00740 (anesthesia for upper GI procedures) and 00810 (anesthesia for lower GI procedures) have been replaced with a series of five new codes to distinguish different types of procedures.  We will be calculating the anticipated financial impact associated with the changes for each of our clients and communicating this for budgeting and planning purposes. 

8 latest notes on anesthesiologist pay

Written by Anuja Vaidya | July 07, 2016

On average, anesthesiologists earn $275,742 in the United States, according to Payscale.com.

Here are eight notes on anesthesiologist salarys:

1. Anesthesiologist salary ranges from $102,920 to $397,420.

2. Anesthesiologists receive bonuses up to $61,971.

3. Profit-sharing among anesthesiologists ranges from $3,444 to $55,369.

4. Total pay for anesthesiologists falls between $102,617 and $408,872.

5. Entry-level anesthesiologists usually earn $252,000.

6. Anesthesiologists with five to 10 years of experience typically receive $293,000.

7. Income for experienced anesthesiologists (10 to 20 years of experience) averages $304,000.

8. Late in their career, after 20 years, anesthesiologists typically earn $327,000.