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HCSC Acquires Cigna’s Medicare Businesses and CareAllies

Innovaare Compliance

Health Care Service Corporation (HCSC) has entered into a definitive agreement to purchase Cigna’s Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D, and CareAllies businesses for $3.3 With Cigna’s Medicare plans serving 3.6 million members, HCSC will substantially increase its Medicare footprint.

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CMS Issues Long-Awaited Medicare Advantage RADV Final Rule

Healthcare Law Blog

On January 30, 2023 , the Centers for Medicare & Medicaid Services (“CMS”) released the long-delayed final rule on risk adjustment data validation (“RADV”) audits of Medicare Advantage (“MA”) organizations (the “Final Rule”). One thing that is certain, CMS can expect further challenges to its RADV audit methodology. 3d 1, 18 n.19

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HCSC Acquires Cigna’s Medicare Businesses and CareAllies

Innovaare Compliance

Health Care Service Corporation (HCSC) has entered into a definitive agreement to purchase Cigna’s Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D, and CareAllies businesses for $3.3 With Cigna’s Medicare plans serving 3.6 million members, HCSC will substantially increase its Medicare footprint.

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Medicare Bad Debt: Don’t Leave Money on the Table With Your Cost Report

AIHC

Written by: Thomas "Trent" Jackson, BS, CCRS Medicare bad debts present Medicare Part A providers an opportunity to recover reimbursement dollars they otherwise would have missed. Provided that a proper log is kept, total uncollected Medicare co-insurance and/or deductibles can be claimed on the cost report for 65% reimbursement.

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Medicare Advantage RADV Audit Final Rule Challenged in Court

Healthcare Law Blog

The Centers for Medicare & Medicaid Services (“CMS”) released the final rule on risk adjustment data validation (“RADV”) audits of Medicare Advantage (“MA”) organizations (the “Final Rule”) on January 30, 2023. MAOs will be required to remit improper payments identified during RADV audits in a manner specified by CMS.

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CMS Recovery Audit Prepayment Review (RAPR) Begins August 27, 2012

The Health Law Firm

On July 31, 2012, the Centers for Medicare and Medicaid Services (CMS) announced on its website that hospitals should brace themselves for prepayment audits beginning August 27, 2012. Indest III, J.D., Board Certified by The Florida Bar in Health Law. ” To see the official announcement from the CMS, click here.

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CMS Recovery Audit Prepayment Reviews Slated to Begin Summer 2012

The Health Law Firm

The Centers for Medicare & Medicaid Services (CMS) is planning to move forward with the Recovery Audit Prepayment Review (RAPR) Demonstration Project on [stat.] June 1, 2012. It was originally scheduled to begin January 1, 2012. Indest III, J.D., Board Certified by The Florida Bar in Health Law.