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Outpatient Facility Benchmarks A Rich Source of Data for Decision Making Each Outpatient Facility module is based on over 600 million procedures billed during a 12-month period. A rich, reliable source of claims data is the key to success when managing risk, administering provider networks, adjudicating out-of-network claims, designing benefits and analyzing market trends. Informing strategic decisions with robust data can enhance initiatives and promote cost efficiencies, resulting in returns that far outweigh the investment. USE FAIR HEALTH CHARGE BENCHMARKS TO: Support development of fee schedules. Adjudicate out-of-network claims. Facilitate discussions with network providers and hospital systems. Build member transparency and educational tools. Evaluate alternative reimbursement models (e.g., Accountable Care Organizations). Support eligibility as a “qualified health plan” on exchanges. Analyze network and pricing gaps. Review claims patterns. Shape strategic initiatives. FH® Outpatient Facility Benchmarks The Outpatient Facility module provides charge data for Category I CPT® codes for services offered in an outpatient setting. Professional services, with the exception of physical therapy, are not included in the Outpatient Facility module. Benchmarks are also available organized by International Classification of Diseases (ICD) codes, which are cross-referenced to CPT codes. Benchmarks are derived by applying a relative value and conversion factor methodology to charge data. The benchmarks are arrayed by percentile and geozip. FAIR Health Outpatient Facility Benchmarks modules are based on billed charges from the Centers for Medicare & Medicaid Services (CMS) Outpatient Standard Analytical File (OPSAF) data. Geozips are geographic areas, generally defined by the first three digits of a zip code. Classifying charges by geozips ensures that the benchmarks are relevant to a specific area. Within each geozip, the data are organized into percentiles reflecting the position of the charges along the spectrum of billed amounts, from lowest to highest. For example, 80 percent of the billed amounts in the FAIR Health database for a specific procedure code/geozip To learn more, contact combination are equal to or less than the FAIR Health today! charge shown in the 80th percentile for the combination; 20 percent of the data are equal to or greater than this amount. 855.301.FAIR (3247) [email protected] www.fairhealth.org OUTPATIENT FACILITY BENCHMARKS Sample Benchmark Data Each Outpatient Facility module is based on over 600 million procedures billed during a 12-month period. The following is an example of the data available for over 9,000 CPT codes in 491 distinct geozips across the country. Geozip Procedure Code 631 45383 Description Mean (Avg.) Percentiles 50 Lesion $3,814 $3,253 Removal Colonoscopy 60 70 75 80 85 $3,590 $4,043 $4,178 $4,270 $4,427 90 95 $4,827 $5,858 Claims data undergo a rigorous validation process before they are accepted into the FAIR Health database on which modules are based. The FH Online Query Tool may be licensed to provide easy access to benchmark data. FAIR Health offers additional data resources to streamline analysis for other types of claims: Medical Surgical Benchmarks for professional service charges for more than 9,000 evaluation and management, medical, surgical, radiology, laboratory and pathology procedure codes facilitate analysis and adjudication of medical claims. Anesthesia Data for over 9,000 anesthesia and surgical procedure codes plus base units, physical status modifiers and qualifying circumstances facilitate cost calculations for reported anesthesia times. Dental Benchmark charges for over 500 dental procedure codes facilitate analysis and adjudication of dental claims. Inpatient Facility Derived per diem and total charges for more than 750 Diagnosis-Related Groups (DRGs) categorize services with similar hospital resource use. HCPCS (Healthcare Common Procedure Coding System) Charges are included for over 3,000 procedure codes for ambulance services, durable medical equipment, injectable drugs, prosthetics, orthotics and supplies used outside a physician’s office. Allowed Medical Derived fees allowed by plans for professional charges for more than 9,000 medical and surgical procedure codes assist with pricing review and trend analysis. Custom Analytics Data analytics, customized to meet client specifications, can be used to address strategic and tactical initiatives. Examples of custom analytics include data sets for specific locations or procedure codes, clinical treatment scenarios or added dimensions such as claim modifiers, frequency of performed procedures and trending over time. To learn more, contact FAIR Health today! 855.301.FAIR (3247) • [email protected] © 2015, FAIR Health, Inc. All rights reserved. CPT © 2014 American Medical Association (AMA). All rights reserved.