I have searched for the answer to this question, but had no luck so I thought I would ask. There are plenty of threads related to the average annual salary for podiatrist, but I am wondering what a podiatrist receives on average per patient (net). I realize that this will depend a lot on what procedure is being done, but I was hoping that some practicing DPM could list some common procedures and the average amount that podiatrists make from each of them. Thank you so much in advance.
Here is a list of procedures I've performed in the past 3 months and what I've been paid by Medicare (with the supplement). This is also defined as Medicare allowable fees. It is not secret information and I'm sure you can find out what the geographical differences are. Private insurers pay anywhere from 90 - 200% of Medicare allowable, depending on how you negotiate your contract with them. I think the average private insurer pays about 115%.
I live in California and have a practice based in wound care and limb salvage. So understand that when reading my list. I don't have information for routine care in the office, trauma in the OR, or elective surgeries.
Debridements (Clinic or OR)
11041 Skin $34.15
11042 Skin/Subcutaneous $45.34
11043 Muscle $243.29
11044 Bone $426.28
15004 Prepare Wound Bed/Foot $286.12
15002 Prepare Wound Bed/Ankle $186.58
Grafts (Clinic)
15340 Apply Apligraf $284.37
15365 Apply Dermagraft $314.88
Grafts (OR)
15175 Apply Integra $481.09
15120 Skin graft/Foot $654.31
15100 Skin graft/Ankle $594.06
Amputations (OR)
28825 Partial toe $349.58
28820 Toe $397.85
28805 TMA $636.60
Infections (OR)
27603 Incision and drainage/leg $390.42
28002 Incision and drainage/foot $321.72
28003 Incision and drainage/foot $578.37
28122 Partial excision bone/foot $216.53
Tendons (OR)
27606 Achilles tendon lengthening $301.74
27687 Gastrocnemius recession $473.19
27690 Tibialis anterior tendon transfer $649.78
29010 Toe tenotomy $221.45
Bone (OR)
28292 Keller arthroplasty $617.11
28750 Fusion 1st MTPJ $617.85
28730 Fusion midtarsal $862.35
28735 Fusion midtarsal with osteotomy $822.32
Wound Closure (OR)
13160 Revision and closure of wound $806.86
14040 Flap, Adjacent tissue transfer/foot $652.08
14041 Flap, Adjacent tissue transfer/foot $803.77
14350 Toe fillet flap $751.28
Evaluation (Clinic and Hospital)
99212 Level 2 Clinic Established Patient $26.41
99203 Level 3 Clinic New Pateint $78.33
99213 Level 3 Clinic Established Patient $52.02
99204 Level 4 Clinic New Patient $135.35
99214 Level 4 Clinic Established Patient $80.02
99221 Level 1 Inpatient Consultation $101.96
99222 Level 2 Inpatient Consultation $141.51
99223 Level 3 Inpatient Consultation $163.07