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Hey guys. I’m wondering what activities generate the most wRVUs for a medonc? Is it mostly just the consults/followups? How about giving/monitoring infusions? Other things?
Are you asking what generates the most income for whoever owns/operates the clinic? Or what generates the most compensation for physicians? Because the answers are different.Hey guys. I’m wondering what activities generate the most wRVUs for a medonc? Is it mostly just the consults/followups? How about giving/monitoring infusions? Other things?
Are you asking what generates the most income for whoever owns/operates the clinic? Or what generates the most compensation for physicians? Because the answers are different….
🤣 In that case, I wonder, in total, how many of the global south nations' GDP that will amount to.One thing to keep in mind, regardless of the compensation model, is that there are lots of ways that employers will try to hide money from you. In employed models, the easiest way is to separate the infusion/drug income stream from the clinical income stream. That way the clinic (i.e. you the physician) looks like you're losing money, or just barely breaking even, while the hospital or pharmacy (wherever they're hiding the drug revenue) has an annual income that rivals a small European nation's GDP. But that money "belongs" to the hospital or the pharmacy and occasionally, they'll be so kind as to "supplement" the clinic. The reality of course is that if there's no clinic, there's no infusion and if there's no infusion, there's no drug income, so it really all belongs to the clinic.
For most med oncs in employed positions, it's strictly E/M. The compensation for drug administration is usually rolled into the $/wRVU compensation.Thanks, @gutonc. Appreciate your feedback.
I’m actually not asking about money to the clinic/owners or physicians, per se.
What I am trying to find is simply what activities generate the most wRVUs for a medonc? Many medonc contracts are structured as $/wRVU so I’m hoping this would be a quick reflex answer for many.
For instance, in radonc, it’s E&M visits, reviewing films, treatment planning charges, and on-treatment visits. Those make up 75% or more of the wRVUs a radonc generates.
What is it for medoncs? Just E&Ms? Are there wRVUs for monitoring drug administration?
Basically, what are the big contributors to the total wRVUs that a medonc generates? Assuming mid-sized community and practicing general medical oncology if that matters.
If there were to be a change in billing, and oncologists could no longer get a cut of the infusion drug cost and were only paid based on RVUs generated (like mosts other specialties), what percent reduction would you expect in oncologist salaries? Purely from a RVU perspective, it seems like hem oncs would make the same or less than hospitalists.Are you asking what generates the most income for whoever owns/operates the clinic? Or what generates the most compensation for physicians? Because the answers are different.
In the first case, the answer is drugs. Plain and simple. And by a massive margin.
The answer to the 2nd question will depend on the structure of the job. For almost all employed models, compensation is driven by moving the meat in the clinic. Whether or not a particular comp plan explicitly or implicitly takes that into account and breaks it down for you is variable. For a true PP/"eat what you kill" model, there will be compensation derived from both E/M and infusion, but the breakdown of the latter will vary, and it's not as simple as "I prescribe $10M worth of drugs a year so I make X% of that".
One thing to keep in mind, regardless of the compensation model, is that there are lots of ways that employers will try to hide money from you. In employed models, the easiest way is to separate the infusion/drug income stream from the clinical income stream. That way the clinic (i.e. you the physician) looks like you're losing money, or just barely breaking even, while the hospital or pharmacy (wherever they're hiding the drug revenue) has an annual income that rivals a small European nation's GDP. But that money "belongs" to the hospital or the pharmacy and occasionally, they'll be so kind as to "supplement" the clinic. The reality of course is that if there's no clinic, there's no infusion and if there's no infusion, there's no drug income, so it really all belongs to the clinic.
Sorry, longwinded and somewhat bitter answer to what I bet you thought was a simple question.
30-50%.If there were to be a change in billing, and oncologists could no longer get a cut of the infusion drug cost and were only paid based on RVUs generated (like mosts other specialties), what percent reduction would you expect in oncologist salaries? Purely from a RVU perspective, it seems like hem oncs would make the same or less than hospitalists.
We already get paid based on RVUs generated.If there were to be a change in billing, and oncologists could no longer get a cut of the infusion drug cost and were only paid based on RVUs generated (like mosts other specialties), what percent reduction would you expect in oncologist salaries? Purely from a RVU perspective, it seems like hem oncs would make the same or less than hospitalists.
I would not be totally happy to make what Hospitalists make, but I WOULD be totally happy for Hospitalists, Endocrinologists, Pediatricians etc. to make what Heme/Onc makes.I ain't trying to crack the code here. If I were, I'd totally claim the Nobel Prize for Economics by cracking the Rubik's Cube of market economies in healthcare. Then i bet i'd belong in the corner office up in that ivory tower of the C-suite.
I would be perfectly happy doing hem/onc if I were paid less than hospitalists. But also making the hay now.
Well assuming your inpatient weeks are lighter in clinic (for example if you use half day in clinic to go round) then it may just be a washNot to hijack the thread, but I know @gutonc has typically used ~2 wRVUs per oncology clinic visit as the multiplier when calculating out how many wRVUs one can expect to generate. Is there a rough estimate for adding in inpatient consult time as a general Hem/Onc consultant? Is a typical new vs follow-up inpatient consult billed similarly to a new clinic visit or higher?
I assume those are usually calculated in for the physician when trying to meet yearly wRVU thresholds for bonuses. My calculations for the job I'm taking have only been accounting for office visits but I realized I should likely generate some from 4-6 weeks of additional inpatient consults per year.
My experience in a general hem/onc community setting is that it's a wash. But you can kind of figure out what to expect based on the 2023 CMS numbers.Well assuming your inpatient weeks are lighter in clinic (for example if you use half day in clinic to go round) then it may just be a wash
If you're doing both inpatient and outpatient those weeks, it will probably be similar to a full outpatient week. If you're just seeing inpatients, likely lower unless you've got a massively busy service.I assume those are usually calculated in for the physician when trying to meet yearly wRVU thresholds for bonuses. My calculations for the job I'm taking have only been accounting for office visits but I realized I should likely generate some from 4-6 weeks of additional inpatient consults per year.
CMS stopped paying consult codes over a decade ago. To my knowledge, private insurers have followed suit at this point.Sorry to hijack a bit as well - but what is the difference between a 9924x and a 9920x? The first is for a "consult" and the second for a new patient. But what is the practical difference in clinic, and should we be billing one or the other? Most of what I see on here is people mentioning 9920x codes. Thanks.
Didn’t realize the specifics but our coders were changing the inpatient consult coding bc of lack of payment as you mention. For inpatient complex consults I bill 99223 as per my billing compliance folks.CMS stopped paying consult codes over a decade ago. To my knowledge, private insurers have followed suit at this point.
If you're billing a 9924X, your coders are probably changing it to a 9920X so it will get paid.
Thanks. Our setup will be inpatient consults (mostly handled by APP, then staffed by us) on top of usual clinics, but I think most probably schedule a little lighter those weeks. No primary service responsibility. So probably close to a wash unless you maintain your usual clinic and the added consults.If you're doing both inpatient and outpatient those weeks, it will probably be similar to a full outpatient week. If you're just seeing inpatients, likely lower unless you've got a massively busy service.
Is there any indication that this type of change is likely to occur? For example, if you ask radiologists, they'll basically all tell you that reimbursement cuts are inevitable for radiology in the future, since they happen every year. Is this same true for oncology here? Or is buy-and-bill too central to the current healthcare system (either directly as a private practice getting the 6% drug margin, or through inflated $/RVU paid out in an employed hospital setting)?30-50%.
I mean, I "only" get paid on the wRVUs I produce. But I'm compensated more for each of them than an endocrinologist or PCP would be.
Some type of change is bound to happen. What, when and how is TBD.Is there any indication that this type of change is likely to occur? For example, if you ask radiologists, they'll basically all tell you that reimbursement cuts are inevitable for radiology in the future, since they happen every year. Is this same true for oncology here? Or is buy-and-bill too central to the current healthcare system (either directly as a private practice getting the 6% drug margin, or through inflated $/RVU paid out in an employed hospital setting)?
This was my thought as well. I can only speak anecdotally, but in my ~5 hospital health system, 4 of the hospitals run in the red each year, with the 1 cancer hospital making so much that it props the entire system up. I would imagine if infusion revenue were to be removed, the entire system might collapse.Some type of change is bound to happen. What, when and how is TBD.
I can say with certainty that there will be a massive lobbying campaign against this, when it comes around. Hospitals in particular are so dependent on infusion revenue (and not just oncology these days, although much of this income flows through oncology since in many small/medium hospitals, oncology "owns" infusion) that they won't stand idly by when this comes about.
In most hospitals, oncology (through infusion) is the top revenue generating non-procedural specialty and unless there's spine surgery or a very busy hip/knee replacement or cardiac cath lab, can be the top generating specialty overall.This was my thought as well. I can only speak anecdotally, but in my ~5 hospital health system, 4 of the hospitals run in the red each year, with the 1 cancer hospital making so much that it props the entire system up. I would imagine if infusion revenue were to be removed, the entire system might collapse.