The psychiatric Current Procedural Terminology (CPT) codes are expected to change January 1, 2013. From the looks of things there will be around a dozen new codes that will replace codes that are currently being used. Most codes will apply to psychotherapy but there are a few that pertain to E/M and medication management for psychiatrists. The updated coding will now be used in all places of service. T & T will have more on these updates as they are released. Visit http://www.psych.org/practice/managing-a-practice/coding--reimbursement/changes-to-psychiatry-cpt-codes in the mean time for more information about these changes.
UPDATE: Here is the link to the published 2013 CPT codes for mental health providers http://www.apapracticecentral.org/reimbursement/billing/psychotherapy-codes.pdf. T & T will be sending out a detailed newsletter later this year to our providers outlining the codes with descriptions on how to best utilize the new codes for maximum reimbursement from insurance companies. Providers will want to contact the provider relations department at the insurance companies where they participate to get updated fee schedules for their contracts.
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