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What payer is used to benchmark (compare) all other rates for all managed care payers in...

  1. What payer is used to benchmark (compare) all other rates for all managed care payers in medical practice? Please provide explanation
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Answer #1

Medicare rates are the benchmark by which all other payers are compared. According to the managed care grid article, the detailed reimbursement per procedure code analysis is an excellent resource; however, the payment rate for each payer can be summarized as a percentage of Medicare or RBRVS according to the actual services rendered for these payers beneficiaries by the practice.

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