Healthcare Speaker Criticizes American Medical Association's "Monopoly" on CPT Codes

In an article titled "Why Five out of Six Doctors Have Quit the AMA," healthcare speaker Chriss W. Street criticized the association for its "monopoly" on CPT codes, according to a Big Government report.

Mr. Street said physician dissatisfaction stems in part from the AMA's support of President Obama's healthcare reform bill, which "conveniently maintained the AMA's monopoly on CPT billing codes." He quoted Daniel Palestrant, MD, founder of physician network CERMO, as saying that CPT codes have become the "currency of healthcare, mandating all manner of payments to physicians from the most complex surgical procedure to routine office visits."

Mr. Street said the healthcare reform bill was "sold to the public as good medicine" based on the support of the AMA. Given the decreased support of physicians, Mr. Street says the preservation of the CPT coding system in the healthcare reform law represents a "collusion of convenience" between the business side of the AMA at the expense of physicians and patients.

Related Articles on Coding, Billing and Collections:
Republican Lawmakers Tell Arkansas Insurance Commissioner Not to Apply for Health Insurance Exchange Funding
Rising Healthcare Costs to Become Biggest Challenge for State Budgets
Maine Proposes Legislation for Health Insurance Exchange

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars