A common question asked by healthcare providers is how many RVUs is a 99214? RVUs, or Relative Value Units, are used to determine the reimbursement rate for medical services. The 99214 code is a commonly used Evaluation and Management (E/M) code for office visits. There are wRVU’s and total RVU’s. The one we care about […]
How Many RVUs Does a 99214 Code Produce? Read More »
The production work of family medicine physicians (and other doctors) is measured using a payment system known as the Relative Value Unit (RVU). The RVU system is used to determine the value of medical services provided by physicians and is used by insurance companies to reimburse physicians for their services. Most data organizations put the
Average RVU for Family Medicine: Understanding the Basics Read More »
99214 vs 99213 is a topic of great interest for healthcare providers, particularly those who bill for outpatient services. These two Current Procedural Terminology (CPT) codes are used to describe evaluation and management (E/M) services provided by physicians and other eligible healthcare professionals. While both codes represent a significant portion of outpatient visits, they differ
99214 vs 99213: Understanding the Differences in Medical Coding Read More »
Life insurance is a crucial financial tool that can provide peace of mind and financial security for individuals and their loved ones. As a primary care physician, the importance of life insurance cannot be overstated. While many people may believe that life insurance is only necessary for those with dependents or high-risk occupations, primary care
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The Backdoor Roth IRA is a popular strategy for high-income earners who want to contribute to a Roth IRA but are unable to do so due to IRS income limits. The strategy involves making a non-deductible contribution to a Traditional IRA and then converting it to a Roth IRA. This allows individuals to take advantage
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Medical school is a significant investment, both in terms of time and money. For many medical students, the cost of tuition, fees, and living expenses can add up to hundreds of thousands of dollars in student loans. Once they graduate and begin practicing medicine, they are faced with the decision of whether to prioritize paying
Pay off Medical School Loans or Invest: A Comprehensive Guide Read More »
With the right guidance, primary care providers can make informed decisions about their finances, reduce their stress levels, and ultimately improve their ability to provide quality care to their patients. In this article, we will explore some key financial advice that primary care providers can use to improve their financial well-being. Understanding Financial Basics for
Money Management for Primary Care Providers: Tips for Managing Your Finances Read More »
As physicians, we understand the importance of planning for the unexpected. One aspect of this planning is determining the appropriate amount of life insurance coverage. Life insurance can provide financial security for our loved ones in the event of our untimely death. However, determining how much life insurance to purchase can be a complex decision.
How Much Life Insurance Should Doctors Buy: A Clear Guide Read More »
When it comes to personal finance, one concept that often gets overlooked is the savings rate. While it may not be as flashy as investing in the stock market or buying a new car, understanding your savings rate is crucial for achieving financial health and stability. In this article, we’ll explore what a savings rate
What is a Savings Rate and Why It Matters: A Clear Explanation Read More »
A cheat sheet is a quick reference guide that provides information on a particular topic in a concise and easy-to-understand manner. In the medical field, cheat sheets can be especially helpful when it comes to coding and billing. One common area where healthcare providers may need assistance is in distinguishing between the 99213 and 99214
99213 vs 99214 Cheat Sheet: A Comprehensive Guide to Understanding the Key Differences Read More »
