MedPAC Congress Report Suggests Increase Of Payment Rates For Physicians

The Medicare Payment Advisory Commission (MedPAC) released their newest reports to the Congress last month. MedPAC is an independent Congressional agency that is set up to counsel the Congress regarding various issues that affect the Medicare program. One of the major recommendations put forward by MedPAC for physician fee schedule payments include the increase of…

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Several Key HHS Positions Filled By the Trump Administration

The senate has been much busy over the last few months in confirming the new cabinet nominees and other key staff members of the president since Donald Trump took charge as the President of United States of America. President Trump also seems to be busy making political appointments, which were not subject to the approval…

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CMS Publishes Final ACA Enrollment Figures

January 31 marked the official conclusion of the third open enrollment period for the health insurances that were sold on the exchanges established under the Affordable Care Act. The final open enrollment report by the CMS shed more details on the total ACA enrollment figures. CMS’s report indicated that approximately 12.2 million people in the…

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The Need Of Credit Balance Resolution

Experts say that credit balancing is the “stealth aircraft of hospital patient accounting,” as credit balance is a liability that is hidden in the account receivable folder. Credit balancing is very important because the liability carries with it serious and real, compliance, and financial risks. It is the responsibility of your medical billing service to…

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Vote On American Healthcare Act Cancelled By House Republicans

The House Republicans recently cancelled a vote that was planned on the American Health Care Act (AHCA). AHCA is planned to repeal and replace big parts of the Affordable Care Act (ACA) making use of the budget reconciliation process. Sources said that the vote was canceled, as the House Republicans do not have enough members…

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AAFP Responds To The Proposed Payment And Policy Changes By CMS

The American Academy of Family Physicians (AAFP) recently offered detailed recommendations and comments to the officials of HHS. The suggestions submitted by AAFP was regarding CMS’s advance policy of proposed policy and payment changes to the Medicare Advantage and prescription drug plans for next year. In a letter, which was signed by AAFP Board Chair…

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HHS And President Trump Work Out Plans To Reduce Pharmaceutical Drug Costs

Dr. Tom Price, the newly elected secretary of Health and Human Services Secretary, recently informed a House appropriations subcommittee that HHS is working on a new plan with President Donald Trump. The primary objective of the new plan is to considerably reduce the price of pharmaceutical drugs. Dr. Price stated that the significant increase in…

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The Expansion Of Bundled Payment Programs Has Been Delayed By The CMS

In the latest move, the Centers for Medicare and Medicaid Services has delayed several bundled payment initiatives. This includes the implementation of cardiac bundled payment initiatives and the expansion of Comprehensive Care for Joint Replacement Model. In addition to that, this new policy from CMS will also extend Cardiac Rehabilitation Incentive Payment Model’s effective date…

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CMS Launches A New National Campaign For Promoting Coordinated Care Program

Health care providers in the country are leaving millions of dollars in federal funding, which will certainly help them to provide better health care to the sickest beneficiaries of Medicare. The CMS recently announced that they are planning to launch a national campaign for encouraging the physicians to take advantage of these funds. A recent…

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HHS Unable To Clear Medicare Appeals Backlog By Deadline

HHS recently said that they do not have the resources and funds to clear the pending Medicare billing appeals by the deadline of 2021, which is imposed by the court. HHS said in a report to a U.S. District Court in Columbia that they were not able to reduce the Medicare billing appeals backlog and…

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