medicare Archives - Page 9 of 9

CMS Awards Contracts for Round 1 DMEPOS Competitive Bidding Program Through 2018; 92% of Suppliers Accept Contracts

Today, CMS announced the Round 1 2017 suppliers for Medicare’s Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program. These 182 contracts with suppliers comprising 534 locations in the nine metropolitan statistical areas (MSAs) making up the Round 1 competitive bidding areas will be effective January 1, 2017 through December 31, 2018. The product […]

CMS Releases 2017 Home Health Payment Rates; Includes a 0.7% Payment Decrease, Updates to Reporting, and Value-Based Purchasing

This afternoon, CMS released the final rule updating payments for Home Health Agencies (HHAs) for 2017. The rule estimates that payments to HHAs in 2017 will be reduced by 0.7 percent, or roughly $130 million. CMS sees this rule as part of their broader efforts to provide payment based on value, rather than merely quantity […]

NIHCM Panel Offers Predictions for Healthcare’s Future; Views Shift to Technology-Driven Value-Based Care as Inevitable

On October 5, 2016, the National Institute for Healthcare Management (NIHCM) Foundation hosted a Capitol Hill briefing entitled “The Future of Healthcare in America.” NIHCM brought together a distinguished panel of healthcare thought leaders to discuss what they viewed to be the most important healthcare issues for the next Administration and Congress, as well as […]

CBO Estimates Bill Blocking the Part B Drug Demo Will Cost $395 Million

Today, the Congressional Budget Office (CBO) released an estimate of the savings that could potentially be realized if CMS were to implement the proposed payment reductions and value-based purchasing tools for physician-administered drugs covered under Medicare Part B. The estimate was made within the context of H.R. 5122, “A bill to prohibit further action on the […]

Medical Device Industry and Hospitalizations of Long-Stay Nursing Facility Residents Focus of First MedPAC Meeting of New Term

The Medicare Payment Advisory Commission’s (MedPAC’s) initial public meeting of the new term, which was held on September 8, may telegraph what the Commission may make recommendations to Congress on in the upcoming year. The meeting featured presentations and discussions on a wide range of issues, including a context for Medicare payment policy, an overview […]

As Obama Administration Winds Down, Rule Activity Picks Up

There are a little over four months left until the end of the Obama administration, and the pace of health care program regulations and announcements are picking up. Today, CMS released a final rule outlining requirements for Medicare and Medicaid providers and suppliers regarding emergency management. Under the new regulations, providers will be required to […]

Medicare Trustees Report Released, IPAB Delayed for at Least One More Year

The Treasury Department and HHS released the 2016 Medicare Trustees report earlier today, and to the relief of many, the Independent Payment Advisory Board (IPAB) was not triggered. As a refresher, IPAB was created by the Affordable Care Act to make recommendations to keep Medicare spending growth below specified targets. Under current law, IPAB’s responsibilities […]

CMS Releases Proposed MIPS Payment Structure, Will Measure Clinicians Using a Composite Score

On April 27, 2016, CMS released the anticipated proposed rule concerning the new Merit-Based Incentive Payment System (MIPS) and Alternative Payment Model (APM) Incentive under the Physician Fee Schedule. The agency had released a request for information (RFI) in late 2015 to gather input from stakeholders before writing the proposed rule. The Medicare Access and […]

The Pew Charitable Trusts Hosts Panel Discussion on Medicare Part B Prescription Drug Payment Reform

Earlier today, the Pew Charitable Trusts hosted a panel discussion on potential payment reforms for the Medicare Part B prescription drug payment. The panel featured opening remarks from Dr. Patrick Conway, Acting Principal Deputy Administrator, Deputy Administrator for Innovation and Quality, Chief Medical Officer, at CMS. Following Dr. Conway’s remarks, a panel featuring Dr. Peter […]

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