Tag: Reimbursement

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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CMS, AMA announce efforts to help with transition to ICD-10

Editor's Note In less than 3 months, healthcare providers will switch from ICD-9 to ICD-10 coding for medical diagnoses and inpatient hospital procedures. To help providers get ready for the October 1 deadline, the Centers for Medicare & Medicaid Services is releasing additional guidance that will allow for flexibility in…

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By: OR Manager
July 7, 2015
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New ACS Interactive Web Tool Helps Surgeons Avoid Medicare Penalties

Editor's Note The American College of Surgeons has launched a new web tool to help surgeons navigate and succeed in Medicare’s mandatory quality programs: Physician Quality Reporting System, Electronic Health Record-Meaningful Use, and Value-Based Modifier. Surgeons who do not successfully participate in these programs in 2015 could face up to…

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By: OR Manager
July 2, 2015
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CMS Issues Proposed Rule for Hospital Outpatient and ASC Payments

Editor's Note The Centers for Medicare & Medicaid Services on July 1 issued a proposed rule for CY 2016 for the hospital outpatient prospective payment (OPPS) and ambulatory surgical center (ASC) payment systems. CMS proposes an OPPS decrease of .01%. The change is based on a projected hospital market basket increase…

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By: OR Manager
July 2, 2015
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CMS Proposes Changes to the 'Two-Midnight' Rule

Editor's Note On July 1, the Centers for Medicare & Medicaid Services released proposed updates to the “Two-Midnight” rule regarding when inpatient admissions are appropriate for payment under Medicare Part A. The proposed update allows physicians to use their judgment to admit patients for short hospital stays on a case-by-case…

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By: OR Manager
July 2, 2015
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