A large crowd filled a ballroom at the HIMSS Annual Conference & Exhibition on Monday to hear from the Centers for Medicare and Medicaid Services on how to handle payment reform under the Medicare Access and CHIP Reauthorization Act and the law's mandate to rid Medicare cards of Social Security numbers.
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A recent change in the way Medicare pays for joint replacements is saving millions of dollars annually — and could save billions — without impacting patient care, a new studyhas found. But the man Donald Trump has picked to be the secretary of Health and Human Services has vocally opposed the new mandatory payment program and is likely to revoke it.
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The United States Senate has joined the House of Representatives and passed legislation to prevent a 24% cut in physician fee schedule payments from occurring today as previously scheduled. Instead, Medicare physician fee schedule payments will continue to be paid as they have been for the past 3 months. Although the legislation must be signed by the President in order to become effective, the President has indicated that he will sign this legislation once it reaches his desk.
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In response to the shift from traditional fee-for-service payment towards new value-based payment models, the American Medical Association (AMA) published a study on how doctors were compensated.
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