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Medicare Advantage enrollment will swell, with fewer sweeping regulatory changes. Here’s what experts see coming down the pike for 2024. The uninsured rate will rise. Major pharmacy benefit managers will launch more transparent products.
2024 was a record-breaking year for whistleblower cases filed under the False Claims Act (FCA). DOJ False Claims Act settlements in 2024 pulled in a total of $2.9 A classic example is Medicare fraud. A few healthcare organizations’ False Claims Act settlements fell into this category in 2024. billion, $1.67
Regulators finalized a number of rules Thursday with sweeping implications for providers in the Medicare program, including rates for next year that doctors and hospitals slammed as insufficient.
Days before the 2024 presidential election, the Centers for Medicare & Medicaid Services (CMS) released an unpublished version of the final calendar year 2025 physician fee schedule final rule | Digital therapeutics, telehealth, rural heath clinics and opioid treatment programs all got updates in the final 2025 Medicare physician fee schedule rule, (..)
Runaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to patterns we have not seen since the start of the pandemic,” its CFO said.
Read more… It’s Time to Combat “Instafraud” in Medicare Advantage. Read more… This Week’s Health IT Jobs for October 23, 2024: Multiple organizations with systems analyst roles to fill. In the wrong hands, LLMs can generate false or exaggerated medical documentation in an instant.
UnitedHealth’s MA growth could be depressed next year thanks to a rate notice from the CMS that’s deeply unpopular with insurers, management said during their investor day.
John summarized a study in the American Journal of Managed Care highlighting how real-time interventional analytics reduced 30-day readmissions and Medicare spending per beneficiary for Penn Medicine affiliates. Read more… Healthcare IT Today Podcast : HLTH 2024 Conference Preview.
Five million Americans need to find new Medicare plans in 2025. Read more… This Week’s Health IT Jobs for November 27, 2024: Multiple roles in informatics and information management, plus California’s Clinicas del Camino Real seeks a Chief Medical Officer.
In 2024, the Department of Health and Human Services (HHS) Office for Civil Rights announced a series of enforcement actions against entities that violated, or potentially violated, one or more HIPAA rules. This HIPAA 2024 Year in Review article discusses these actions. The $950,000 settlement agreement subjects HVHS to a 3-year CAP.
Despite the stronger membership, Humana doesn’t expect earnings growth next year due to significant investments the insurer plans to make to boost MA stars.
Translation of member materials is an onerous burden for Medicare Advantage Organizations (MAOs). The 2024 CMS Final Rule extends this mandate, requiring that once a member in one of the supported language groups requests materials, they must be available on a standing basis.
The payer is taking issue with how regulators calculated quality scores for 2024, after seeing a stars decline that could cause its bonus revenue to fall by $500 million.
Clinical Integration Analyst – North Memorial Health BI Developer – Phelps Health Director of Information Technology & Project Management – Pueblo Community Health Center, Inc.
The redo comes after regulators lost two court cases over the methodology used to determine 2024’s quality ratings, and should result in hundreds of millions of dollars in additional bonuses to plans that see their ratings improve.
Beginning in January 2024, ACOs that don’t have experience with performance-based risk will be able to stay in a one-sided risk arrangement for up to seven years before transitioning to two-sided risk.
The Hospital Quality Reporting System is now open and accepting calendar year 2024Medicare Promoting Interoperability Program data submissions and attestations from eligible hospitals and critical access hospitals. The post HQR System Now Accepting CY 2024Medicare PI Program Data appeared first on Health IT Answers.
Approximately 42% of Medicare Advantage plans that offer prescription drug coverage will have a star rating of four or more in 2024, marking yet another substantial decrease from
A shift in funding sources, new regulatory policies in Medicare and technology advances may influence M&A in the sector next year, according to Samantha Prokop from law firm Gunster, Yoakley & Stewart.
Updating base physician payment rates by 1.45% in 2024 as proposed by the group that advises Congress on Medicare policy is “grossly insufficient,” the Medical Group Management Association said in a statement.
Expect premiums, benefits and plan choices for Medicare Advantage (MA) and the Medicare Part D prescription drug program to look similar in 2024, the Centers for Medicare & Medicaid Services (C | CMS announced that nearly three-quarters of MA plan beneficiaries will not see their premiums rise.
Fifty-four percent of Medicare beneficiaries are enrolled in a private Medicare Advantage plan, and in seven states that figure tops 60%, according to a new report from KFF.
By Chris Emper - On July 13, the Centers for Medicare & Medicaid Services released a 1,920-page proposed rule that would update payment policies and programs regarding Medicare payments to physicians and other providers under the Physician Fee Schedule on or after January 1, 2024.
This is notification that eligible hospitals and critical access hospitals participating in the Centers for Medicare & Medicaid Services Promoting Interoperability Program that there is an upcoming data submission deadline on March 14, 2025, at 11:59 p.m. Pacific Time.
John and Colin looked back at an eventful year, with a focus on the people, places, or companies that make their notable list for 2024. Read more… Bonus Features for December 22, 2024: 83% of providers want virtual care to be a permanent part of their practice; meanwhile, Medicare home visits have dropped 17% since 2017.
Compounding these challenges is the recent introduction of the Healthcare Cybersecurity Act of 2024, which mandates collaboration between CISA and HHS to enhance the cybersecurity of the Healthcare and Public Health Sector. Two potential strategies for implementing these requirements include: 1.
The most shocking part is that the Change Healthcare breach wasnt the only massive breach in 2024. With 2024 behind us, its time to take a look at the years most significant breaches. On June 20, 2024, OCR updated its guidance after courts found a portion of its previous guidance unlawful. Not so shocking? The damage?
LAS VEGAS—The eyes of many regulators and lawmakers are on Medicare Advantage (MA), and, amid rising criticism of the program, one industry leader is making the case that "nostalgia" for traditiona | LAS VEGAS—The eyes of many regulators and lawmakers are on Medicare Advantage, and amid rising criticism of the program, one industry leader (..)
HEDIS audits are important for Medicare and Medicaid health plans because data is used to determine the efficacy of a payer to care for its members. For Medicare Advantage plans, the HEDIS review process contributes to the Star Rating system, which evaluates plan quality. Explore the HEDIS MY 2024 Measure Descriptions Guide.
Access to home health for Medicare beneficiaries is decreasing , according to a recent report from Trella Health, with the number of home health visits per day down more than 17% between 2017 and 2023. That said, rejection rates hit a trough in 2018 and have increased 16% since then.
Medicare Advantage (MA) growth has broadly slowed, but the biggest players in this space continue to claim the lion's share of this expansion, according to a new report from healthcare consultant C | Medicare Advantage growth has broadly slowed, but the biggest players in this space continue to claim the lion's share of this expansion, according (..)
This funding will allow us to expand our commercial reach, which is especially germane following our recent achievements in attaining Medicare coverage and a CPT Category I code for advanced plaque analysis. As of June 30, 2024, the firm has over $80B in regulatory assets under management. Originally announced December 4th, 2024
Billing Update: Medicare Radiology Reimbursement Cuts 2025 Effective January 2025, radiology practices nationwide are facing reduced Medicare reimbursements due to finalized changes in the Physician Fee Schedule. Now, in February 2025, these proposed rules are our current reality. Here are key steps you can take: 1.
Blue Cross and Blue Shield of Kansas City is leaving the Medicare Advantage (MA) market at the end of 2024, the insurer announced recently. Blue Cross and Blue Shield of Kansas City is opting out of the Medicare Advantage market.
The massive insurer now expects to lose 550,000 Medicare Advantage members — roughly one-tenth of its individual MA footprint — this year as a result of plan cuts.
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