ACS opposes proposed Medicare physician fee schedule
Editor's Note The American College of Surgeons (ACS) on August 4 announced that it is strongly opposed to the Centers for Medicare & Medicaid Services (CMS) Physician Fee Schedule proposed rule for CY 2021. In the fee schedule, which is set to take place January 1, 2021, Medicare payments will…
CMS releases 2021 proposed payment rule for ASCs, HOPDs
Editor's Note The Centers for Medicare & Medicaid Services (CMS) on August 4 released the 2021 proposed payment rule for ambulatory surgery centers (ASCs) and hospital outpatient departments (HOPDs). Among the proposals in the rule: CMS proposes to expand the number of procedures that Medicare would pay for when performed…
New AHA analysis examines effect of COVID-19 on hospital margins
Editor's Note A new analysis prepared for the American Hospital Association (AHA) by Kaufman, Hall & Associates LLC examines COVID-19’s financial effects on hospitals and healthcare systems. The analysis, released July 21, finds that without further government support, hospital margins in the second half of 2020 could fall to -7%,…
Preoperative protocols enhance outpatient total joint outcomes
On January 1, 2020, the Centers for Medicare & Medicaid Services (CMS) began reimbursing healthcare providers for total hip arthroplasty performed in outpatient hospital settings and total knee arthroplasty in ambulatory surgery centers (ASCs), thereby opening the floodgates for explosive growth in outpatient total joint arthroplasty (TJA). About a million…
US House of Representatives moves to expand the use of telehealth beyond COVID-19
Editor's Note Leaders of the US House of Representatives telehealth caucus introduced legislation on July 16 to permanently open up access to telehealth services for Medicare patients, the July 16 Fierce Healthcare reports. The bipartisan bill will eliminate restrictions on use in Medicare patients, and it will provide a bridge…
AHA: COVID-19 to cost hospitals $323 billion
Editor's Note The American Hospital Association on June 30 released a report on the financial strain facing hospitals and health systems because of COVID-19, with total losses expected to be at least $323 billion in 2020. The total included $120.5 billion in financial losses that hospitals are predicted to see…
Declines in patient visits during COVID-19 projected to cost primary care $15 B
Editor's Note Harvard Medical School researchers are projecting that primary care practices will lose more than $15 billion by the end of the year. Because of the steep decline in office visits and fee for service payments from March to May, primary care practices are expected to lose more than…
COVID-19 hospitalization costs could reach $17B this year
Editor's Note A new Avalere analysis estimates the cost of COVID-19 hospitalizations could range between $9.6 billion and nearly $17 billion this year, depending on infection and hospitalization trends, the June 23 Fierce Healthcare reports. The analysis considers the cost of hospitalizations in three scenarios: $9.6 billion, if there is…
ASC offsets some revenue loss through 'Hospital Without Walls' waiver
Far fewer cases of COVID-19 have been seen in rural areas of the US than in large urban populations. But even healthcare facilities not inundated with COVID-19 patients have sustained revenue losses and disruptions in standard procedures. One major advantage for Heartland Surgery Center in Kearney, Nebraska, was seeing the…
Proactive payment collection reduces bad debt risk
Establishing policies to collect payment before surgery has grown in importance as high-deductible health plans impose larger out-of-pocket costs on patients. To help manage patients’ expectations about costs and increase the likelihood of collecting payment, some experts believe a culture shift is in order. They say healthcare facilities should be…
Free Daily News
- Study: Therapy dogs reduce healthcare worker burnout
- Localized nurse shortages to persist amid nationwide surplus, analysis predicts
- California updates guidance on CRNA scope of practice
- FDA designates Class 1 recall for tracheostomy tubes
- Study: Preventing antibiotic-resistant infection surge could save millions
- Face transplant survival rates “encouraging,” global study finds
- Vertical integration reshaping US healthcare: Impact on cost, access
- ChristianaCare, Atlas Healthcare form joint venture to expand ASC network
- CMS calls for demonstrations of AI technology in healthcare
- Study: Adjuvant nivolumab reduces risk of death, lung cancer recurrence