Category: Healthcare Finance News

HHS seeks to curb cancer with national cancer plan

Positioned as a framework for society and the federal government to collaborate on ending cancer, the Department of Health and Human Services released a National Cancer Plan this week, developed by the National Institutes of Health’s (NIH) National Can…

CMS releases 2024 Skilled Nursing Facility Prospective Payment System proposed rule

The Centers for Medicare and Medicaid Services has issued a proposed rule that would update Medicare payment policies and rates for skilled nursing facilities under the Skilled Nursing Facility Prospective Payment System for fiscal year 2024.
It also i…

Inpatient psychiatric facilities get an estimated 1.9% payment increase in 2024

Inpatient psychiatric facility payments are estimated to increase by 1.9%, or $55 million, in 2024 relative to 2023, in the Inpatient Psychiatric Facility Prospective Payment System proposed rule released by the

Average ACA benchmark premiums up 3.4%

Average Affordable Care Act benchmark premiums have increased 3.4% for the 2023 coverage year according to a new analysis from the Robert Wood Johnson Foundation. 
It also found that premiums are greatly affected by the number of insurers competing in …

CMS proposes to increase inpatient rehab facility payments by 3%

The Centers for Medicare and Medicaid Services has issued an annual update to the Medicare payment policies and rates for inpatient rehabilitation facilities. 

Valley Health System debuting ‘smart rooms’ to improve patient care

Staying in a hospital room is no one’s idea of a good time. But staying in a smart room – as envisioned by Valley Health System – could improve the experience.

Feds predict Medicare Hospital Insurance Trust Fund will run dry by 2031

A number of federal agencies – including the U.S. Department of the Treasury, Departments of Health and Human Services and Labor, the Centers for Medicare and Medicaid Services, and the Social Security Administration – have determined that the Medicare…

Stakeholders support CMS’ plan to phase in risk adjustment over 3 years

Health insurers and stakeholders have expressed support for the Centers for Medicare and Medicaid Services’ plan to phase in changes to the risk adjustment model over three years, in the 2024 Medicare Advantage Program and Part D Payment Policies relea…

CMS updates 2024 hospice payment rate in proposed rule

The Centers for Medicare and Medicaid Services has issued a proposed rule that would update Medicare hospice payments and the aggregate cap amount for fiscal year 2024 to be more in line with existing statutory and regulatory requirements.

Medicare Advantage plans get a 3.32% increase in final payment rates

The Centers for Medicare and Medicaid Services anticipates a payment increase for Medicare Advantage plans of 3.32% from 2023 to 2024, which is approximately a $13.8 billion increase in MA payments for next year, according to the 2024 Medicare Advantag…