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#26 - Updates to Bulk Billing Changes
Manage episode 478410635 series 3634763
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In this episode of the Practice Partners Podcast, we break down the latest updates to Medicare’s bulk billing incentives and explore how these changes could impact your clinic’s operations, finances, and patient care.
We cover:
- Implications to the operation of a private billing practice.
- The upcoming expansion of bulk billing incentives to all Medicare-eligible patients starting 1 November 2025, as part of the $8 billion Bulk Billing Practice Incentive Program.
- How these changes aim to reverse the decline in bulk billing rates and improve access to care.
- The potential financial implications for practices, including the additional 12.5% incentive payment for practices that bulk bill all eligible services.
- Strategies for adapting your billing model to align with these reforms.
Whether you're currently private billing, considering a shift to mixed billing, or evaluating your practice's financial sustainability, this episode provides essential insights to help you navigate the evolving Medicare landscape.
We would love for you to share your thoughts, questions, and stories to: [email protected]
Find any resources discussed in this podcast, and all of our other resources at https://www.practicepartners.com.au/resources/
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