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Medicare Fee Schedule Changes in 2023

Medisys Compliance

The internet is ringing with the news of the CMS Updates Final rule for the 2023 Medicare Physician Fee Schedule. The finalized 2023 Medicare Physician Fee Schedule was announced by the Centers for Medicare & Medicaid Services (CMS) on November 1 2022. Effects of the PFS in 2023 on providers.

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False claims settlements in healthcare reached $1.8B in fiscal year 2023

Healthcare Dive

According to the Department of Justice, enforcement in Medicare Advantage is of “critical importance” as the number of beneficiaries in the privatized insurance program swells.

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Humana slashes 2023 profit outlook as high medical costs continue

Healthcare Dive

The insurer also lowered its expectations for Medicare Advantage membership growth this year. Humana’s stock dropped 11% in morning trading Thursday to its lowest level since February 2022.

Medicare 299
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Medicare Advantage headwinds didn't prevent payers from turning a profit in 2023

Fierce Healthcare

Though a spike in utilization among seniors slammed payers last year, particularly in the fourth quarter, each of the six major national firms turned a profit in 2023. Though a spike in utilization among seniors slammed payers last year, particularly in the fourth quarter, each of the six major national firms turned a profit in 2023.

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Humana boosts 2023 expectations for Medicare Advantage growth

Healthcare Dive

The insurer reported favorable MA inpatient utilization as COVID-19 claims decreased in the first quarter.

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Devoted Health closes out 2023 with $175M series E funding round

Fierce Healthcare

Tech-enabled Medicare Advantage startup Devoted Health is closing out 2023 with $175 million in fresh funding, marking one of the largest funding rounds of the year. Tech-enabled Medicare Advantage startup Devoted Health is closing out 2023 with $175 million in fresh funding, marking one of the largest funding rounds of the year.

Medicare 130
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Humana expects 14% hike in 2023 MA enrollment as it taps new leaders

Healthcare Dive

The payer said it expects to pick up 625,000 individual Medicare Advantage members in 2023.

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