As the novel coronavirus wreaks havoc on global economic data, risk-bearing Accountable Care Organizations (ACOs) are worried the pandemic could threaten a decade-long shift to value-based payment models. Many facilities are struggling to stay in business as a fast-approaching May 31 deadline to give notice to the Administration in...Arizona News
Last year, the Centers for Medicare and Medicaid Innovation (CMMI) released a Request for Information as it sought comments for its Oncology Care First (OCF) proposal, a voluntary model open to physician groups and hospital outpatient departments offering two payment mechanisms. Now it is considering the addition of clinical laboratory...National News
Long-term and post-acute care providers, including skilled nursing facilities (SNFs) are unable to implement the Centers for Medicare and Medicaid Services (CMS) value-based payment model without more advanced IT and technology support, according to a survey.
The survey of 1,640 long-term and post-acute care providers led by Black...Arizona News
The Department of Health and Human Services (HHS) unveiled a proposal spearheaded by the Centers for Medicare and Medicaid Services (CMS) and the Office of the Inspector General (OIG) on Oct. 9 to make changes to anti-kickback legislation and Stark Law in an effort to modernize.
In a news release announcing the proposals, HHS...Arizona News
Starting Oct. 1 therapy payments to nursing facilities will shift to a value-based model, emphasizing patient needs over the amount of services provided. The Patient Driven Payment Model (PDPM), a more individualized approach, aims to reduce inflated billing by basing payments on patient's medical characteristics.
The new approach...