Aug 26th, 2015
The Centers for Medicare & Medicaid Services (CMS) is pretty proud of how the majority of 420 Medicare Accountable Care Organizations (ACOs) is doing, and the agency wants you to know about it. Results of 2014 quality and financial data results show ACOs improve the quality of care while trimming costs. “These results show that ...
Aug 18th, 2014
If you want to weigh in on the next few years’ physician fee schedule, do it before September 2. On July 3, the Centers for Medicare & Medicaid Services (CMS) placed the 2015 Physician Fee Schedule proposed rule on display in the Federal Register for comment. This proposed rule includes provisions for relative value units (RVUs) ...
Jul 1st, 2014
[Cover] Benefit from owning an independent medical practice by adapting to healthcare reform. By Christopher Phillips Changes already underway in the healthcare industry will require practices to dedicate substantial time and attention to adaptation. New challenges, from value-driven reimbursement to vertical integration, make it more complicated to maintain a small, physician-owned medical practic...
Apr 12th, 2012
Twenty-seven accountable care organizations (ACOs) have signed on to the new Medicare Shared Savings Program (Shared Savings Program) with the Centers for Medicare & Medicaid Services (CMS), taking responsibility for quality of care furnished to Medicare subscribers. If successful, the ACOs will get a piece of the savings realized through better care, CMS said. New ...
In Billing
Oct 14th, 2011
Due to a large number of inquiries about the Bundled Payments for Care Improvement initiative, and many requests for additional time to prepare applications, the Centers for Medicare & Medicaid Services (CMS) has, for the second time, extended the deadlines for submitting letters of intent and applications. Providers: Apply for Bundled Payments Initiative was last ...