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VIRGINIA WORKERS COMPENSATION
MEDICAL FEE SCHEDULES
GROUND RULES
NOVEMBER 14, 2017Contents
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What is medical fee schedules?
Medical fee schedules are lists of predetermined prices for medical services, treatments, and procedures that providers can charge to insurance companies or patients.
Who is required to file medical fee schedules?
Healthcare providers, hospitals, clinics, and other medical facilities are required to file medical fee schedules with insurance companies and regulatory agencies.
How to fill out medical fee schedules?
Medical fee schedules can be filled out electronically or manually, and must include information such as the CPT codes for services provided, the fees charged, and any other relevant billing information.
What is the purpose of medical fee schedules?
The purpose of medical fee schedules is to establish standard pricing for medical services, ensure transparency in billing, and facilitate payment processing between providers and payers.
What information must be reported on medical fee schedules?
Medical fee schedules must include details such as the name and address of the provider, the services provided, the fees charged, and any applicable insurance or billing codes.
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