On August 1, 2023, the CMS issued the fiscal year 2024 Medicare hospital inpatient prospective payment system (IPPS) and long-term care hospital prospective payment system (LTCH PPS) final rule. The final rule updates Medicare fee-for-service payment rates and policies for inpatient hospitals and LTCHs for FY 2024.
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From The Health IT Buzz blog – If left unaddressed, the social needs experienced by an individual may lead to poor health outcomes and more time spent in hospitals and interacting with the health care system. Hospitals, therefore, are uniquely situated to help address social needs and mitigate social risk factors by screening for…
By David Burda – Businesses in healthcare run like businesses in any other industry. It’s all about market leverage and who has the upper hand. When you have market leverage and the upper hand, you can charge more for your goods and services without feeling the competitive pressure to improve your goods and services.
By Jordan Everson & Dan Healy – In a recent study in the Journal of the American Medical Informatics Association, we leveraged data from the 2020 American Hospital Association Information Technology Supplement gathered from April-June 2021, shortly after the initial applicability date of the information blocking regulations (April 5, 2021).
By Devin Partida – The healthcare industry experienced a steep increase in IT roles during the COVID-19 pandemic, but an economic downturn may force it to scale back. Cybersecurity is critical for compliance reasons, so hospitals must prepare their teams for the effects of a recession.
By Jordan Everson & Kimberly Tavernia – According to a recent American Hospital Association survey, most hospitals know about the Trusted Exchange Framework and Common Agreement (TEFCA) and, among those, very few plan on sitting out.
By Deepali Narula – A three-pronged approach hospitals should follow to navigate denials, optimize revenue and mitigating staffing shortages Three out of four hospitals in the U.S. have experienced revenue cycle issues since the COVID-19 pandemic.
By Jazmin Orozco Rodriguez – Anger, devastation, and concern for her patients washed over Dr. Bridget Martinez as she learned that her residency training program in rural northeastern Nevada would be shuttered. The doctor in training remembered telling one of her patients that, come July of this year, she would no longer be her physician.
By David Burda – To answer the question in the headline, which I haven’t seen anywhere yet, is yes. Yes they did. That’s according to the latest annual March report to Congress from the Medicare Payment Advisory Commission, or MedPAC.