Industry News - Make Your Revenue Smarter - Page 5

The 2-Midnight Rule FAQs

On , in Documents, Industry News, by AQ-IQ LLC

CMS has provided an FAQ document to address concerns regarding the 2 Midnight Inpatient Admission Guidance which begins October 1, 2013. Click to read the document on the CMS site. Q: Will CMS direct the Medicare review contractors to apply the 2-midnight presumption-that is, contractors should not select inpatient claims for review if the inpatient […]

2014 Proposed Rule: PPS for Federally Qualified Health Centers, Changes for Rural Health Clinics, Changes to CLIA for Proficiency Testing Referral

On , in Industry News, by AQ-IQ LLC

This proposed rule would establish methodology and payment rates for a prospective payment system (PPS) for federally qualified health center (FQHC) services under Medicare Part B beginning on October 1, 2014, in compliance with the statutory requirement of the Affordable Care Act. This proposed rule would also establish a policy which would allow rural health […]

Obtaining Final Medicare Secondary Payer Conditional Payment Amounts via Web Portal

On , in Industry News, by AQ-IQ LLC

This interim final rule with comment period specifies the process and timeline for expanding CMS’ existing Medicare Secondary Payer (MSP) Web portal to conform to section 201 of the Medicare IVIG and Strengthening Medicare and Repaying Taxpayers Act of 2012 (the SMART Act). The interim final rule specifies a timeline for developing a multifactor authentication […]

HHS Final Rule and Treasury Notices on Individual Shared Responsibility Provision Exemptions and Related Topics

On , in Industry News, by AQ-IQ LLC

Under the Affordable Care Act, the federal government, states, insurers, employers, and individuals share the responsibility to reform and improve the availability, quality, and affordability of health insurance coverage in the United States.  Starting in 2014, the individual shared responsibility provision calls for each individual to have health insurance coverage (known as minimum essential coverage), qualify […]

CMS Issues Program Integrity Guidelines for Marketplace

On , in Industry News, by AQ-IQ LLC

CMS released a proposed rule outlining program integrity guidelines for the Health Insurance Marketplace (Marketplace) and premium stabilization programs. Through the Affordable Care Act, consumers and small businesses will have access to new Marketplaces where they can access quality, affordable private health insurance.  Consumers in every state will be able to buy insurance from qualified […]

Proposed Rule Updates SNF PPS Rates for FY2014

On , in Industry News, by AQ-IQ LLC

The FY2014 proposals are summarized below. Changes to payment rates under the SNF Prospective Payment System (PPS)   Based on proposed changes contained within this rule, CMS estimates that aggregate payments to SNFs will increase by $500 million, or 1.4 percent, from payments in FY 2013. This estimated increase is attributable to the 2.3 percent […]

Proposed Rule Updates Wage Index And Payment Rates For The Medicare Hospice Benefit

On , in Industry News, by AQ-IQ LLC

Proposed Rule Details   BNAF phase-out.  This proposed rule would implement the fifth year of the seven-year BNAF phase-out, reducing the BNAF by 15 percent, for a total reduction of 70 percent since FY 2010. The BNAF was implemented in 1997, when the former Health Care Financing Administration (HCFA), now CMS, moved from an outdated […]

OIG Notes Physician Owned Distributorships Have Inherent Fraud Potential

On , in Industry News, by AQ-IQ LLC

The Office of the Inspector General has released a Special Fraud Alert related to physician owned entities that manufacture and/or distribute implantable medical devices. The OIG believes these to involve a high risk of fraudulent activity. Read the report here. Other special fraud alerts have been issued involving DME Suppliers and Hospice with Nursing Homes. […]

Mandatory Payment Reductions in the Medicare Fee-for-Service (FFS) Program – “Sequestration”

On , in Industry News, by AQ-IQ LLC

The Budget Control Act of 2011 requires, among other things, mandatory across-the-board reductions in Federal spending, also known as sequestration. The American Taxpayer Relief Act of 2012 postponed sequestration for 2 months. As required by law, President Obama issued a sequestration order on March 1, 2013. The Administration continues to urge Congress to take prompt […]