Medicare FFS rate to rise 3.1% in 2017; N.J. governor rejects hospitals' appeal to stop Horizon's tiered network;

News From Around the Web

> The Medicare fee-for-service payment rate will rise 3.1 percent in 2017, according to an early preview of the rates from the Centers for Medicare & Medicaid Services' Office of the Actuary. Document

> New Jersey Gov. Chris Christie's administration has denied a group of hospitals' attempt to stop Horizon Blue Cross Blue Shield of New Jersey's controversial tiered network known as Omnia, the Asbury Park Press reports. Article

> Amid increasing concerns across the healthcare industry about the high cost of prescription drugs, a Harvard Business Review article argues that employers wield the greatest power to tackle the issue. Article

Healthcare News

> Efforts to reduce hospital-acquired conditions have led to 87,000 fewer patient deaths and nearly $20 billion in healthcare cost savings over a four-year period, according to a new report released by the Department of Health and Human Services. But the findings may not be as significant as they seem. Article

AntiFraud News

> Nearly 70 percent of healthcare, pharmaceutical, and biotechnology executives around the world said their company was affected by fraud during the past year, according to a report from Kroll. However, only 36 percent reported they would be investing in management controls in the coming year. Article

And finally… May the holiday spirit be with you. Article

Suggested Articles

A new CMS report estimates that premiums for the second-cheapest silver tier plan will decline by 2% on HealthCare.gov next year.

Premiums on the ACA's exchanges for 2021 are expected to rise by about 1% as insurers struggle to figure out the impact of COVID-19, KFF report finds.

​​​​​​Global healthcare funding soared in the third quarter, hitting a new record of $22 billion. Digital health investments also reached new heights.