The government and its influences is the best, and most significant, driver of better care and improved fiscal outcomes. So say more than 350 key healthcare decision makers who lead hospitals and health systems throughout the United States. These are the revelations that have come to light as the result of a new study by conducted by Smart Data pioneer peer60. [cont...]
Policy and Regulation
Countless organizations are likely breathing a little easier following the recent news that Centers for Medicare & Medicaid Services (CMS) extended the Meaningful Use hardship exception until Nov. 30. 2014. The new deadline was announced during the midst of the recent news that CMS has received about 44,000 hardship exemption requests from providers who indicated that they are having problems attesting to Meaningful use in 2015. [cont...]
Readmissions are costing most hospitals – a record number – as Medicare is fining them for providing too many patients with additional treatments. The federal Medicare penalties are now in their third year and the purpose of the program, Kaiser Health News points out appropriately, serves as a way to “jolt hospitals to pay attention to what happens to their patients after they leave.” [cont...]
With an emphasis on rewarding value over volume, representatives Diane Black (R-TN) and Peter Welch (D-VT) have introduced bipartisan legislation to “build upon the progress of Accountable Care Organizations (ACOs) in shifting the reimbursement of healthcare providers away from the traditional ‘fee for service’ model to a focus on improving the health outcomes of patients.” [cont...]
In what has been slightly underreported news, the Centers for Medicare and Medicaid Services (CMS) recently announced that is has received about 44,000 hardship exemption requests from providers who indicated they are having problems attesting to Meaningful Use in 2015.
Politco first captured the news, reporting that CMS released the information in response to an earlier story it had produced. According to Politico reporter Ashley Gold: [cont...]
The Patient Protection and Affordable Care Act (ACA) is an immense piece of legislation. This early in the ACA's life, it is difficult to estimate what effects it will have on any part of healthcare, such as reimbursements and revenue cycle management. While there are no absolute conclusions, one thing is for certain: The ACA is changing healthcare in enormous ways. [cont...]
Following the official delay of ICD-10, the reaction from healthcare stakeholders has been understandably mixed. Some providers were well on their way to being prepared for the original Oct. 1, 2014, compliance deadline, while others were far behind their colleagues on readiness. [cont...]
Healthcare has experienced a substantial overhaul in the last few weeks, with a patch for the sustainable growth rate on Medicare payments and a year-long delay of ICD-10 being approved by Congress. After the President's signing , the legislation - called the Protecting Access to Medicare Act of 2014 - was effectively put into law. [cont...]
The delay of the new ICD-10 code set has been met with a mixture of equal parts support and opposition. For months, the U.S. Centers for Medicare and Medicaid Services (CMS) denied any notions of extending the Oct. 1, 2014, compliance deadline into the next year, yet with the passing of the Protecting Access to Medicare Act of 2014, their claims fell on deaf ears. [cont...]
In March 2014, we conducted a survey of 1,300 healthcare professionals across all 50 states to gauge their attitudes towards ICD-10. Interestingly, we finished the survey right before Congress voted to delay the transition again. In short, the survey validates the delay.