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The Inflation Reduction Act: The Impact of Medicare Negotiation of Prescription Drug Prices on Hospitals and Health Systems

Electronic Health Reporter

This article is copyrighted strictly for Electronic Health Reporter. By Ken Perez, vice president of healthcare policy and government affairs, Omnicell, Inc. Illegal copying is prohibited. In August, H.R. 5376, the Inflation Reduction Act of 2022 (IRA), was passed via partisan votes by both chambers of Congress and […].

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Significant Upcoding Risks Emerge with Medicare Advantage

YouCompli

Approximately 65 million Americans are enrolled in Medicare – about 34 million in traditional Medicare and the rest in Medicare Advantage. Traditional Medicare is administered by the federal government, and individuals pay a separate monthly premium for hospital visits, doctors/outpatient, and prescription drugs.

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How Soon Could President Biden Enable Generic Competition to Xtandi? Very Quickly, If There Is the Will.

Bill of Health

government had funded the R&D for each of the three patented inventions that are currently blocking generic competition. government has a “paid-up license to practice or have practiced for or on behalf of the United States” the invention “throughout the world” ( 35 U.S.C. As a consequence of this funding, the U.S.

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Basics of Medicare Administrative Contractor (MAC)

Medisys Compliance

What’s a Medicare Administrative Contractor (MAC)? Its quite common for any provider to get confused while billing to Medicare for healthcare services, as they not billing to Medicare but to a MAC. In this article, we discussed about what is MAC and activities handled by all these contractors.

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Bonus Features – March 10, 2024 – Only 36% of CEOs have assessed how to govern the risks of AI, Emory Healthcare is deploying Epic on MacBook Air, plus 27 more stories

Healthcare IT Today

This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Studies Only 36% of healthcare CEOs have assessed how to govern the risks unique to AI , according to the EY CEO Outlook Pulse Survey. It’s the first deployment of Epic on a Mac.

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7 Steps to Medicare Compliance

AIHC

Learn about the 7 steps to Medicare Compliance Medicare is federally regulated and requires healthcare providers to ensure that they comply with the many requirements before being eligible for reimbursement. Applying for Medicare compliance can be a daunting task for healthcare providers. What does this mean?

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Medicare Advantage Plans Must Follow the Two-Midnight Rule

Hall Render

The Centers for Medicare and Medicaid Services (“CMS”) Medicare Advantage final rule for 2024 (“Final Rule”) clarified that Medicare Advantage plans must adhere to the “two-midnight rule” when making coverage determinations for inpatient services. 1395w-22(a) ). d)(2) ).