Nearly 9 In 10 U.S. Adults Now Have Health Insurance
According to a survey from Gallup-Healthways released on Monday, nearly 9 out of 10 adults report that they have health insurance. This survey, which has been tracked since 2008, combines...
View Article‘Doc Fix’ Headed to President’s Desk after Easily Clearing Senate
On Tuesday, The Senate voted 98-2 to permanently repeal Medicare’s sustainable growth-rate formula (SGR), a day before the CMS will begin to process claims at a reduced rate. President Obama has...
View ArticlePresident Obama Signs SGR Repeal Legislation
On Thursday, President Obama signed the Medicare Access and CHIP Reauthorization Act, known as “MACRA”. The passing of this legislation ends the series of “doc fixes” and provides 0.5% physician...
View ArticleFederal Government Works to Correct Two Major ACA Objections
Written by Healthcare Billing and Management Association // May 2015 Two prominent complaints by patients since the ACA became effective have been inaccurate provider directories and higher than...
View ArticleHealth Insurance Giants Targeting Smaller Companies to Acquire
UnitedHealth, Anthem Seek to Buy Smaller Rivals Written by Dana Cimilluca, Dana Mattioli and Anna Wilde Mathews // Wall Street Journal UnitedHealth approaches Aetna; Anthem and Cigna in discussions as...
View ArticleKing v. Burwell Ruling in Favor of Subsidies in All States
BREAKING: Supreme Court upholds subsidies in King v. Burwell Written by Lisa Schencker //June 25, 2015 //Modern Healthcare Insurance premium subsidies will continue to flow to Americans in all states...
View ArticleCentene Acquires Health Net at a Hefty $6.3 Billion
Written by Vidya L Nathan and Amrutha Penumdi // July 2, 2015 // Reuters U.S. health insurer Centene Corp (CNC.N) will buy smaller rival Health Net Inc (HNT.N) for $6.3 billion, underscoring the...
View ArticleCMS Announces Reimbursement Plan for ICD-10 Errors
By Virgil Dickson // July 6, 2015 // Modern Healthcare The CMS has made a concession in the transition from ICD-9 to ICD-10. For one year past the Oct. 1, 2015 deadline, the CMS will reimburse for...
View ArticleCongratulations Martin Luther King Jr. Community Hospital on their Opening!
Congratulations to CHMB LYNK Revenue Cycle Client, Martin Luther King Jr. Community Hospital on the opening of their historical hospital to serve the people of Los Angeles County. CHMB will provide...
View ArticleMedicare Reimbursement Rates Get a Small Increase
July 13, 2015 // California Medical Associates A 0.5 percent Medicare physician payment increase will go into effect for dates of service from July 1 through December 31, 2015. This mid-year increase...
View ArticleCountdown to ICD-10: 10 Facts to Get You Ready for the Transition
Are you prepared for the transition to ICD-10? CMS has released a video with 10 facts about ICD-10 to get your practice ready for the upcoming transition. 1) The transition date is October 1, 2015...
View ArticleIRS Reports High Amount of Uninsured Penalties in 2014
July 21, 2015 // Healthcare Finance About 2.7 million taxpayers claimed approximately $9 billion in subsidies, reporting an average subsidy of $3,400 About 7.5 million Americans paid an average penalty...
View ArticleIncreased Healthcare Spending Expected Through 2024
Written by Bob Herman // July 28, 2015 // Modern Healthcare The historically low growth rates of national health spending over the last several years may be history. CMS officials say the Affordable...
View ArticleAnthem and Blue Cross Partner with State Farm to Sell Policies under ACA
Written by Bruce Japsen//August 6, 2015//Forbes Anthem (ANTM) will join with an alliance of Blue Cross Blue Shield plans in a partnership with State Farm to sell Blues branded individual medical...
View ArticlePhysicians Withdraw from Medicare’s Bundled Payments for Care Improvement...
Written by Melanie Evans//August 13, 2015//Modern Healthcare Medicare’s voluntary test of bundled payments added new contracts in July, but about two-thirds of the hospitals, medical groups, nursing...
View ArticleCBO Forecasts Increase in Federal Healthcare Spending
Written by Bob Herman // August 25, 2015 // Modern Healthcare Federal spending on Medicare, Medicaid, the Children’s Health Insurance Program and exchange subsidies will rise from 5.2% of the country’s...
View ArticleMGMA Urges CMS to Provide a 90-Day Reporting Period Option
Written by Greg Slabodkin // September 2, 2015 // Health Data Management The Medical Group Management Association, representing more than 33,000 medical practice administrators and executives in...
View ArticleCMS Gives More Insight into ICD-10 Grace Period
Written by CMA // CMA Alert // September 8, 2015 In early July, the Centers for Medicare & Medicaid Services (CMS) announced that for a period of one year, it will allow for flexibility in the...
View ArticleCMS Sends Final Meaningful Use Rules for Review
Written by Heather Landi and Rajiv Leventhal // September 8, 2015 // Healthcare Informatics CMS will not comment on if Stage 2 modifications rule and Stage 3 rule will be finalized as one. The...
View ArticleMedicare Advantage Enrollment Growing Steadily
Written by Bob Herman // September 16, 2015 // Modern Healthcare Roughly 17.7 million seniors and disabled Americans are enrolled in Medicare Advantage, and many more are expected to sign up for the...
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