In a recent update, Healthfirst has unveiled significant changes to its Standard Fee Schedule, slated to take effect from April 1, 2024. The noteworthy adjustment pertains specifically to Physical Therapy, Occupational Therapy, Speech Therapy, and Acupuncture services, indicating a shift from the conventional per Current Procedural Terminology (CPT) code reimbursement to a per diem rate.
Commencing April 1, 2024, Healthfirst has decided to adopt a per diem reimbursement model for all Physical Therapy, Occupational Therapy, Speech Therapy, and Acupuncture services. This departure from the traditional fee-for-service structure aims to streamline reimbursement processes and enhance overall service delivery.
Here is a concise breakdown of the key changes for 2024:
