Tag: Medicare

ASCs report high use of Safe Surgery Checklist

Editor's Note The Centers for Medicare & Medicaid Services on October 8 released data showing that 99% of Medicare-certified ambulatory surgery centers (ASCs) use a Safe Surgery Checklist, the ASC Association reports. The data was collected in 2012 and made public on Medicare’s Hospital Compare website. Today, the Centers for…

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By: Judy Mathias
October 9, 2015
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ICD-10 transition begins well, further tests coming

Editor's Note The ICD-10 transition began well last week because of the time and effort spent preparing the new codes, but claims rejections could cause further problems towards the end of the month, according to Modern Healthcare. Organizations most likely to have trouble will be the smaller providers and health…

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By: Judy Mathias
October 7, 2015
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GAO: Modest effects from Value-based Purchasing program

Editor's Note A new Government Accountability Office report shows that hospital performance on most quality measures was improving before the Affordable Care Act’s Hospital Value-based Purchasing (VBP) program began in 2012 and has not noticeably changed since then, according to the AHA News. Most inpatient prospective payment system hospitals eligible…

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By: Judy Mathias
October 5, 2015
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ICD-10 debuts October 1

Editor's Note The healthcare industry transitioned to the ICD-10 system October 1, expanding procedure codes from 14,000 to 70,000 for providers and from 44,000 to 72,000 for hospitals. Medicare officials say they won’t deny claims to providers solely for lack of specificity for the first 12 months, but that doesn’t…

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By: OR Manager
October 1, 2015
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Deadline looms for CMS orthopedic bundled care program

Only a few months remain before the Comprehensive Care for Joint Replacement (CCJR) goes into effect on January 1, 2016. This orthopedic bundled program, mandated by the Centers for Medicare & Medicaid Services (CMS), is expected to save $153 million as part of the goal to convert 50% of Medicare…

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By: OR Manager
September 22, 2015
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Hospitals with high readmission rates penalized for the patients they serve

Editor's Note Hospitals with high readmission rates are being penalized largely because of the patients they serve, this study finds. The results showed that Medicare patients admitted to hospitals with higher readmission rates were more likely to have characteristics associated with a higher probability of readmission, such as more chronic conditions,…

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By: OR Manager
September 15, 2015
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ASCs face Medicare reimbursement challenges

Editor's Note The gap in Medicare reimbursement rates between ASCs and hospital outpatient departments continues to grow, the Wisconsin Health News reports. Reimbursement rates for hospital outpatient departments are updated using the hospital market basket, but rates for ASCs are updated with the consumer price index. The result is that…

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By: OR Manager
September 1, 2015
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Most Medicare ACOs received no bonuses in 2014

Editor's Note Only 97 of 353 Medicare accountable care organizations (ACOs) met targets for quality and slowed spending enough to earn bonuses in 2014, Modern Healthcare reports. This is a continuation of mixed results for the ACO initiative that the Obama administration has targeted for rapid expansion through 2018. The…

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By: OR Manager
August 31, 2015
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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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