AAPA Releases Guide to Reimbursement for 2021
One area that many new grads are underprepared is understanding their value to an organization. There are many ways to measure value to an organization for a PA. The type of practice can change how you measure value. The number of collections that you bring into a business is one factor that can help in determining this.
Many tasks are not billable but are needed to keep a clinic running. The amount of reimbursement received for billable services is a measurable number and can help determine some of your value to an organization.
A great resource to have a better understanding of reimbursement is The Essential Guide to PA Reimbursement 2021. If you’re a new grad, it might not be necessary to understand everything about reimbursement. However, knowing how it works can help you see how an organization determines your value.
If you’re an experienced PA and are looking to change jobs, knowing how much you bring into your current position can help you during the job search. It can help you ask the right questions in an interview. How many patients do the current providers see in a day? Is bonus based on production? How are you compensated for overtime work?
Changes in the coding rules this year could also affect reimbursement for different types of office visits. Understanding these changes can help you be more time efficient when completing your documentation and allow you more time to do other tasks.
A good resource for new grads trying to land their first job or experienced PAs looking for their next opportunity, The Essential Guide to PA Reimbursement, is available for your education.
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Disclaimer: opinions are my own and not that of the AAPA.