The Medicare Payment Advisory Committee (MedPAC) published its draft recommendations for Medicare's fee-for-service payment policies and largely renewed its call to substantially limit pay boosts for physicians, hospitals and nursing homes.
The draft recommendation includes a recommendation to give physicians a 1.3% pay increase in...National News
Employer plans pay more than double the amount that Medicare pays for the same services, and a large number of Medicare beneficiaries continue to experience adverse events in hospital settings. On the policy side, the Congressional Budget Office has dashed the hopes of lowering the Medicare eligibility age to 60 and efforts to reform...News
Three major hospital groups penned a letter, addressed to House Speaker Nancy Pelosi, urging Congress to suspend the mandated Medicare sequester for the duration of the pandemic.
Established by the Budget Control Act in 2011, the federal sequester cuts government spending by more than $1 trillion for the 2021 fiscal year and it would...Arizona News
Skilled nursing facilities (SNF) may secure a $887 million increase in payments by fiscal year 2020 under an April 2019 proposed rule aiming to update the payment rates and quality programs to align with value-based care models.
Due to a three percent market basket increase factor, paired with a 0.5 percentage point reduction for...National News
Health insurers are tasked with the job of sending the government detailed cost forecasts for the following year to provide prescription drug benefits to millions of Medicare beneficiaries across the country. A Wall Street Journal investigation uncovered that the same insurers reeled in $9.1 billion thanks to discrepancies between...National News
A federal report conducted by the Office of the Inspector General (OIG) on Tuesday revealed how some hospices take advantage of Medicare payments and in some cases, are negligent of patients.
Hospice services can play an essential role in ensuring the comfort of terminally ill patients. It is a popular Medicare benefit and...