Tag: Reimbursement

CMS announces additional participants for bundled payment initiative

Editor's Note The Centers for Medicare & Medicaid Services announced on August 13 that 360 more organizations have entered into agreements to assume financial risk for an episode of care during the second phase of the Bundled Payments for Care Improvement Initiative. The initiative is testing four bundled payment models…

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By: OR Manager
August 17, 2015
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Editorial

The French proverb, “the more things change, the more they stay the same,” is one way to view the readmission penalties imposed by the Centers for Medicare & Medicaid Services (CMS). About a year ago, a Kaiser Health News report said more than 2,600 hospitals in fiscal year 2015 were…

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By: Elizabeth Wood
August 17, 2015
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Quality reports to determine pay rise or fall

Ambulatory surgery centers (ASCs) that have yet to register and report compliance with quality measures can expect a decrease of 0.9% in 2016 from this year’s Medicare reimbursement rates. Those in compliance, however, may see an increase of approximately 1.1%, depending on specialties. As in the past, the Centers for…

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By: Paula DeJohn
August 17, 2015
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CMS extends “Two-Midnight” rule partial enforcement delay to end of year

Editor's Note The Centers for Medicare & Medicaid Services on August 12 extended the partial enforcement delay of the “Two-Midnight” rule from September 30 to December 31, AHA News reports. The extension prohibits Recovery Audit Contractors from conducing post-payment patient status reviews for claims with admission dates October 1 to…

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By: OR Manager
August 13, 2015
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Variation in surgical readmissions mostly patient related

Editor's Note Postoperative readmissions occurred in more than 1 in 10 patients, in this study, with considerable variation across specialties. The majority of variation was attributable to patient-related factors (82.8%); surgical specialty accounted for 14.5% of the variability, and individual surgeon factors accounted for 2.8%. After adjusting for patient and…

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By: OR Manager
August 10, 2015
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Medicare penalizes more than half of hospitals for readmissions

Editor's Note Nearly 2,600 hospitals will be penalized for missing readmission targets under Medicare, with a loss of $420 million, Kaiser Health News reports. The average Medicare payment reduction is 0.61% per patient stay; 38 hospitals will receive the maximum cut of 3%. The reductions are based on readmissions of…

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By: OR Manager
August 4, 2015
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Senate panel asking for delay of Stage 3 MU

Editor's Note The Senate Health, Education, Labor, and Pensions Committee is asking for a delay of the Centers for Medicare & Medicaid Services' Stage 3 meaningful-use rules, which providers say are costly and time-consuming. Stage 3 requires providers to send electronic summaries for 50% of patients they refer to other…

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By: OR Manager
July 24, 2015
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Medicare trust fund exhausted by 2030

Editor's Note A report from Medicare trustees on July 22 projects that the Medicare trust fund will be exhausted in 2030. The report also revealed that recipients of Social Security disability benefits could face steep cuts next year. The fund it expected to run out of money in 2016. Congress…

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By: OR Manager
July 22, 2015
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CMS proposes major initiative for total joints

Editor's Note The Centers for Medicare & Medicaid Services is planning to require more than 800 hospitals in 75 geographic areas to participate in a bundled payments initiative for hip and knee replacements. These procedures are among the most common that Medicare beneficiaries receive, and prices vary significantly across geographic…

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By: OR Manager
July 10, 2015
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CMS releases CY 2016 proposed physician payment rule

Editor's Note The Centers for Medicare & Medicaid Services on July 8 released its proposed rule for the physician fee schedule for CY 2016. Physicians will have a 0.5% overall increase in Medicare reimbursement under the rule, which will be finalized this fall. The rule also calls for reimbursement for…

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By: OR Manager
July 9, 2015
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