Category: ASC Coding, Billing and Collections

ECU Health, WakeMed to drop Humana Medicare Advantage plan members

Humana Advantage Plan members in North Carolina will no longer be in network with Raleigh-based WakeMed and Greenville-based ECU Health, according to an Oct. 19 report from CBS affiliate WNCT.

The 10 largest payers in the US by market share

UnitedHealthcare Group, which has an annual revenue of $189 billion, is the largest health insurance company in the U.S. by market share, according to a report from ValuePenguin updated in October. 

Ohio system cuts ties with Anthem, Humana Medicare Advantage plans

Zanesville, Ohio-based Genesis HealthCare System will no longer accept Anthem or Humana Medicare Advantage plans beginning in 2024. 

Ascension Saint Thomas ASC now part of Farm Bureau Medicare Advantage network

Columbia, Tenn.-based payer Farm Bureau Health Plans has added Nashville, Tenn.-based Ascension Saint Thomas to its Medicare Advantage provider network. 

What to know about Stark law's $9.2M record in self-disclosures 

CMS settled a record-breaking $9.29 million in Stark law voluntary self-referral disclosure settlements in 2022, according to recent CMS data.

WVU Medicine adds in-house Medicare Advantage plan

Morgantown-based West Virginia University Medicine has launched an in-house health insurance services company, Peak Health, which has been serving WVU Medicine employees. Now, the system is expanding its offerings to Medicare-eligible patients througho…

ASC's physician bonus structure avoids kickback issues, OIG says

HHS’ Office of the Inspector General has confirmed broad protection of employee safe harbor under anti-kickback laws in a recent ruling involving physician ownership of an ASC, according to an Oct. 17 article in JDSupra written by law firm Sheppard Mul…

Physicians urge CMS to stop policy that could drastically reduce reimbursements

CMS is floating the implementation of a separate add-on payment for healthcare common procedure coding system code G2211 in its 2023 Medicare Physician Fee Schedule, according to an Oct. 13 report in JDSupra written by law firm Reed Smith. 

Here is what 3 major payers have been up to this month

From negotiating new contracts to expanding plans, here are five moves from these three major payers since Oct. 2: 

Cigna to pay $172M over alleged Medicare Advantage overpayments

Health insurer Cigna has been ordered to pay over $172 million to settle claims that it submitted false diagnosis codes to Medicare Advantage, according to an Oct. 2 report from CBS News.