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CMS Forwards Its Health Equity Agenda through Its Annual Prospective Payment System Rulemaking Process

Health Law Advisor

The Centers for Medicare & Medicaid Services (“CMS”) is using its annual rulemaking process to update the CMS payment system rules for fiscal year (“FY”) 2024 as a mechanism to advance health equity systematically across various CMS payment programs. 1] [link] at 4. [2]

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Brief about Wound Care Reimbursements in Various Healthcare Settings

Medisys Compliance

Wound Care Reimbursements in Various Healthcare Settings Inpatient Hospital Wound care in an inpatient hospital setting is reimbursed through the Diagnosis-Related Group (DRG) payment system. The MPFS is a payment system that reimburses healthcare providers for services rendered to Medicare patients in an outpatient setting.

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What Is the Merit-Based Incentive Payment System (MIPS)?

NCG Medical Blog

If you’re a Medicare provider , then you might want to know about MIPS—a healthcare incentive program that helps gather data of quality and performance outcomes over time while rewarding medical practices that demonstrate improvements. This program utilizes a “score” system comprised of four categories.

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Veterans Health Administration employs far less administrative staff than private health sector, study finds

Fierce Healthcare

The healthcare system’s private sector could learn a thing or two about efficiency from the government’s Veterans Health Administration, which employs about 30% less administrative staff across cli | The government health program's simplified payment system helps keep its payroll lean, as opposed to a private sector that employs hundreds of thousands (..)

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Optum Virtual Care said to be closing down

Healthcare IT News - Telehealth

WHY IT MATTERS UnitedHealth Group, Optum's parent company, reported more than $1 billion in net losses during the first quarter – which included impacts from the February 21 Change Healthcare ransomware attack and subsequent payment systems outage.

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Anesthesia: The Top 9 Things To Know About Revenue Cycle Management

Electronic Health Reporter

The article Anesthesia: The Top 9 Things To Know About Revenue Cycle Management appeared first on electronichealthreporter.com. Small errors can result in delays and a failure to collect. To improve revenue cycles, we’ve compiled some key ideas that will make an […].

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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. and Caltius Equity. We are the only company providing a comprehensive consumer engagement and payments solution for all providers, patients, and employers.