Providers are weighing in on the 2024 Medicare Physician Fee Schedule Final Rule, which finalized payment amounts in 2024 that will be reduced by 1.25% overall compared to 2023.
Category: Healthcare Finance News
HIMSSCast: Innovation is needed to staff skilled nursing and other provider facilities
On September 1, the Centers for Medicare and Medicaid Services proposed minimum nursing standards for nursing homes, a move that has received pushback from stakeholders and lawmakers.
A final rule is due out after the public comment period closes on Mo…
Hospital groups criticize HHS remedy for 340B payments
Hospital groups are unhappy with the U.S. Department of Health and Human Services after the agency released a final rule to fix the now-defunct 340B-acquired drug payment policy for 2018 to 2022.
More patients requesting access to medical records, ONC says
More and more patients are accessing their medical records via patient portals or apps on their phones and tablets, and the frequency with which they access these records is increasing, according to a new report from the Office of the National Coordina…
AHA sues OCR over rule regulating the use of online tracking technologies
The American Hospital Association, the Texas Hospital Association and nonprofit health systems Texas Health Resource and the United Regional Health Care System are suing the federal government over a rule prohibiting the use of online tracking technolo…
$1.4 billion in profit propels Cigna in Q3
The Cigna Group has collected $1.4 billion in profit and $49 billion in revenue during the third quarter of this year, and while the total profit is only half of what Cigna reported during Q3 2022, revenue increased by about $4 billion year-over-year.
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Home health agencies get less than a 1% payment increase
Home health agencies get a 0.8% pay increase for 2024 rather than a proposed 2.2% decrease, under the Home Health Prospective Payment System Final Rule released by the Centers for Medicare and Medicaid Services on Wednesday.
CMS estimates that Medicare…
HHS settles $100K ransomware investigation
Massachusetts-based medical management company Doctors’ Management Services will pay the Department of Health and Human Service and the Office of Civil Rights $100,000 in a settlement over a ransomware attack.
CVS Health takes in $2.3 billion in profit during Q3
CVS Health logged strong earnings and revenue performance during the third quarter, hitting $2.3 billion in profit, the company said this week.
Total revenues increased to $89.8 billion, for the quarter and $264 billion for the year, up 10.6% compared …
Medicare physician pay is unsustainable, AMA says
The American Medical Association and others are calling on Congress to stop the advanced Alternative Payment Model bonus payment cut that is scheduled to expire at the end of the year for most physicians.
