The Centers for Medicare & Medicaid Services has vowed to learn from the mistakes it made in its first round of publishing data about financial relationships between providers and healthcare manufacturing companies to improve the fairness and accuracy of information in its next round of disclosures, Law360 repo rted.
Requiring healthcare providers to disclose their financial relationships with healthcare manufacturing companies has been a step in the right direction for transparency, but the information has to cover more types of providers and be put in better context in order to improve the quality of care and stem spiraling healthcare costs.
The Centers for Medicare & Medicaid Services announced revisions to its Recovery Audit Contractors program to sharpen agency oversight, reduce the burden on providers and increase transparency.
If Medicare Advantage plans drop significant amount of providers from their networks, their affected members can leave those plans and enroll instead in traditional Medicare.
The Centers for Medicare & Medicaid Services revealed Wednesday that roughly 257,000 Medicare eligible professionals will be hit with a 1 percent penalty to their Medicare Physician Fee Schedule payments beginning Jan. 5, 2015, for failing to meet Meanin gful Use by Oct. 1, 2014.
The federal government is letting states choose a different essential health benefits benchmark plan for 2017, and this news may re-ignite public debate about what types of services health insurance should cover in plans sold pursuant to the Affordable Care Act, LifeHealthPRO reported.
The Centers for Medicare & Medicaid Services levied a record number of fines against hospitals for excessive readmissions, according to a Kaiser Health News analysis of federal records released this week.
Some state officials want more regulatory authority over Medicare Advantage plans. Right now, state regulators can't impose sanctions on Medicare Advantage plans; only the Centers for Medicare & Medicaid Services has that power.
In response to lawmakers' call for comments on healthcare data transparency, three industry organizations sent letters asking that the Centers for Medicare & Medicaid Services release more data--and in a more useable form.
Both payers and providers can reap financial returns from ACO efforts, former Centers for Medicare & Medicaid Services Administrator and current Director of the Health Care Innovation and Value Initiative at the Brookings Institution Mark McClellan, M.D., Ph.D., told AAFP News.