Stanley W. Stead, M.D., M.B.A; Sharon K. Merrick, M.S., CCS-P
ASA Monitor 10 2016, Vol.80, 58-65.
ASA is pleased to present the annual commercial conversion factor survey for 2016. Each summer we anonymously survey anesthesiology practices across the country. We ask them to report up to five of their largest managed care (commercial) contract conversion factors (CF) and the percentage each contract represents of their commercial population, along with some demographic information. Our objectives for the survey are to report to our members the average contractual amounts for the top five contracts and to present a view of regional trends in commercial contracting.
Based on the 2016 ASA commercial conversion factor survey results, the national average commercial conversion factor was $71.02, ranging between $68.33 and $74.36 for the five contracts. The national median was $68.00, ranging between $64.00 and $71.00 for the five contracts (Figure 1, Table 1). In the 2015 survey, the mean conversion factor ranged between $69.64 and $74.29 and the median ranged between $65.00 and $69.00. In contrast, the current national Medicare conversion factor for anesthesia services is $21.9935, or about 30.9 percent of the 2016 overall mean commercial conversion factor.
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