Medicare efficient claims administration, don’t you just love it? The fruits of low administrative costs. Read the full story via the link below.
In all, the practice treated around 1,950 Medicare patients that year. On average, it was paid by Medicare for 94 separate procedures for each one. That works out to about 183,000 treatments a year, 500 a day, 21 an hour.
What makes those figures more remarkable, and raises eyebrows among medical experts, is that judging by Medicare billing records, one person did it all. His name is Wael Bakry, and he is not some A-list cardiologist, oncologist or internist. He is a physical therapist.
But physical therapy, it turns out, is a big recipient of national Medicare dollars — and physical therapy in Brooklyn is among the biggest of all. Of the 10 physical therapists nationwide who were paid the most by Medicare in 2012, half listed Brooklyn addresses, according to an analysis of Medicare billing data by The New York Times. Two others listed addresses on Long Island, one in Queens, and one each in California and Texas.
via One Therapist, $4 Million in 2012 Medicare Billing – NYTimes.com.
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