President Barack Obama made it official and permanently repealed the sustainable growth rate formula by signing a bill passed by the Senate earlier in the week, the Associated Press reports.
The Centers for Medicare & Medicaid Services (CMS) made statements this week about the Affordable Care Act's reinsurance program as well as rate-filing requirements for 2016 plan year. Here's a quick look at how both announcements will impact health insurers.
Guest post by David Balto, an antitrust attorney who previously served as the policy director for the Federal Trade Commission, and James Kovacs, associate attorney at the Law Offices of David Balto...
Although the idea of including doctors in hospitals' bundled care payments has long been considered a detriment to physician autonomy, the move could significantly improve savings and care quality, argues an opinion piece published by the Journal of the American Medical Association.
While the interoperability of electronic health records is a high priority for the federal government, it really only is a means to an end, National Coordinator for Health IT Karen DeSalvo said in a keynote address at the Healthcare Information and Management Systems Society's annual conference in Chicago Thursday morning.
Federal health officials this week said that if Florida Gov. Rick Scott (R) wants more hospital funds, the state needs to expand its Medicaid program, reported the Associated Press
Former President George W. Bush told attendees at the Healthcare Information and Management Systems Society's annual conference in Chicago on Wednesday that the role of technology is the reason he's optimistic about the future of healthcare in the United States.
In their first year, Medicare's Pioneer Accountable Care Organizations generated moderate spending reductions, with greater savings for ACOs that started out spending more, but the current model is not conducive to future savings, according to a study published in the New England Journal of Medicine.
While providers and industry groups hailed Tuesday's long-awaited repeal of the controversial Sustainable Growth Rate formula, some doctors who treat Medicare patients will still see the 21 percent reimbursement cuts that the Senate's last-minute vote was intended to avoid, The Hill reports.
While early reaction from the health IT community to the sustainable growth rate bill passed overwhelmingly by the Senate late Tuesday has been fairly positive, questions remain about what lies ahead for providers, Congress and federal agencies.