The Medicare 8 minute rule, as implemented by MedMaxRCM, our revenue cycle specialists, is a billing guideline used to determine how to bill for timed services provided to Medicare beneficiaries. Under this rule, we follow specific protocols when documenting and billing for services rendered.
When a service falls within a certain time range, typically between 8 and 22 minutes, we adhere to Medicare's guidelines by rounding the billed units to the nearest 15-minute increment. For instance, if a service lasts for 14 minutes, we bill for one unit, and if a service extends to 23 minutes, we bill for two units.
Our adherence to the Medicare 8-minute rule ensures accurate billing and compliance with Medicare regulations, facilitating optimal reimbursement for the services we provide to Medicare patients.