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MSSP ACOs saves Medicare $2.1 billion in 2023, the largest savings in program history

Fierce Healthcare

Accountable care organizations saved Medicare $2.1 billion, the largest yearly savings in program history, in 2023, the Centers for Medicare & Medicaid Services revealed on Tuesday. Accountable care organizations (ACOs) saved Medicare $2.1

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Medicare Fee Schedule Changes in 2023

Medisys Compliance

The internet is ringing with the news of the CMS Updates Final rule for the 2023 Medicare Physician Fee Schedule. The finalized 2023 Medicare Physician Fee Schedule was announced by the Centers for Medicare & Medicaid Services (CMS) on November 1 2022. Effects of the PFS in 2023 on providers.

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CMS: Insurers to make $10.3B in 2023 risk adjustment payments

Fierce Healthcare

The Centers for Medicare & Medicaid Services (CMS) has released new data on risk adjustment payments for 2023. | The Centers for Medicare & Medicaid Services has released new data on risk adjustment payments for 2023.

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Amazon Pharmacy expands RxPass subscription service to Medicare patients

Fierce Healthcare

Amazon Pharmacy is expanding its prescription drug subscription program, called RxPass, to Prime members on Medicare insurance. | The RxPass program, launched in January 2023, provides unlimited access to 60 eligible generic medications and will ship the medications to customers' homes for a flat monthly fee of $5.

Medicare 135
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Humana slashes 2023 profit outlook as high medical costs continue

Healthcare Dive

The insurer also lowered its expectations for Medicare Advantage membership growth this year. Humana’s stock dropped 11% in morning trading Thursday to its lowest level since February 2022.

Medicare 286
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What You Need to Know about CMS’s 2023 Proposed Medicare Physician Payment Rule

HealthIT Answers

By Chris Emper - The heavily anticipated CMS 2023 Proposed Medicare Physician Payment Rule is a whopping 2,066 pages long and includes numerous provisions that will impact physician groups next year. The post What You Need to Know about CMS’s 2023 Proposed Medicare Physician Payment Rule appeared first on Health IT Answers.

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Medicare ACO Participation Grows in 2023

HealthIT Answers

The number of accountable care organizations (ACOs) serving Medicare patients will grow slightly in 2023, according to data released by the Centers for Medicare & Medicaid Services. The post Medicare ACO Participation Grows in 2023 appeared first on Health IT Answers.