Physician charges per unit increased by 11% nationally for worker’s compensation from the first quarter of 2020 through the first quarter of 2023, a new report shows.
Enlyte’s latest Quarterly Medical Price Index Report delves into first- and third-party auto and workers’ comp claims using data from the top 200 billing procedures in professional services.
The report shows Texas and California had the largest increases with 11% increase in charges for medical services. New York had a 3% increase in charge per unit spurred by the increase in fee schedule changes, according to the report.
In first-party claims, New York, Michigan, New Jersey, and Florida saw noteworthy changes in charge severity, the report shows.
San Diego, California-based Enlyte is the parent company of Mitchell, Genex and Coventry, providers of cost-containment technology, provider and specialty networks, case management services, pharmacy benefit and disability management services.
Was this article valuable?
Here are more articles you may enjoy.
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
Verisk Report Shows Drop in US Reconstruction Costs in 2Q
CommScope Sued by Lenders for at Least $150 Million Over Alleged Breach
Half of Pilots Killed in US Accidents Tested Positive for Drugs