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HPS/PayMedix Closes on $25 Million in New Funding

Healthcare IT Today

Credit funds managed by SVB Capital lead new funding round to finance growth of PayMedix Healthcare Payment Solution Health Payment Systems, Inc. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license.

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June Regulatory Update

Verisys

Rule added concerning reported information on nurse alternative programs approved by state licensing boards (§201, Rule 5) Rule added requiring all party states to participate in a coordinated licensure information system for RN and LPN nurses. (§203) Also the removal of obsolete and irrelevant information. (§302)

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Solve.Care Launches Decentralized Layer-2 Healthcare Blockchain Infrastructure 

HIT Consultant

Trust and compliance measures are built-in to overcome barriers to adoption, such as requiring a Proof-of-Competency and a healthcare license or certification from validators. Care.Chain also introduces new healthcare computing primitives with the introduction of ZK (Zero-Knowledge) verifiable runtime for events.

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Revised Updates for Renal Dialysis Billing

Medisys Compliance

Proposed ESRD Payment System. This rule also proposes an update to the Acute Kidney Injury (AKI) dialysis payment rate for renal dialysis services furnished by ESRD facilities for calendar year (CY) 2023. Direct nursing services include registered nurses, licensed practical nurses, technicians, social workers, and dietitian.

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Direct Billing by MFTs and MHCs: A Comprehensive Guide for Year 2024

Medisys Compliance

Additionally, you must be actively licensed or certified within your state. However, it’s important to note that MFT and MHC services furnished to residents of skilled nursing facilities (SNFs) remain subject to consolidated billing under the SNF prospective payment system (PPS).

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HHS Publishes Proposed Payments for Rural Emergency Hospitals

Hall Render

The proposed payment policies include an initial monthly facility fee of approximately $268,000 per month, which will adjust in future years based on a market-basket update. Proposed REH Payments. CMS ultimately proposed a monthly facility payment of $268,294 (just over $3.2 5 Percent OPPS Increase. million per year) for 2023.

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The History of Healthcare Compliance

MedTrainer

Licensing and credentialing were introduced to regulate healthcare professionals and ensure minimum standards of care. MACRA (2015): The Medicare Access and CHIP Reauthorization Act (MACRA) introduced the Merit-Based Incentive Payment System (MIPS) and Alternative Payment Models (APMs).