Stark Medical Auditing CEO Mick Raich reviews Medicare’s recent move to lower COVID-19 test payments for labs that don’t produce results within 48 hours and the impact that may have on labs moving forward.
Beginning Jan. 1, 2021, CMS will only pay the $100 high-throughput rate to labs that complete testing within two calendar days of the specimen being collected.
This week, Vachette CEO Mick Raich reviews the hospital price transparency rules that will take effect Jan. 1 and other payer news and trends.
Providers still reeling financially from the COVID-19 pandemic will have another opportunity to apply for financial assistance through the HHS Provider Relief Fund beginning Monday, Oct. 5 when the program launches its third phase.
Despite pushback from numerous hospital and provider advocacy groups, CMS appears set to move forward with plans to require hospitals to disclose their service pricing beginning Jan. 1, 2020.
After a weeks-long delay, HHS has finally published detailed reporting requirements for Provider Relief Fund (PRF) recipients who accepted one or more payments exceeding $10,000 in total.
The American Medical Association (AMA) has added two more codes related to COVID-19 to the 2021 CPT code set, including one that covers the extra safety protocols providers are taking to care for patients during the public health emergency.
Last week, CMS issued the 2021 Inpatient Prospective Payment System (IPPS) and Long Term Acute Hospital Final Rule, which will grant a $3.5 billion (2.7%) payment boost for inpatient Medicare services beginning Jan. 1.
Stark CEO Mick Raich addresses a number of questions our team has recently received in this Q&A.
As part of this move, CMS will require a positive COVID-19 lab test result is documented in the patient's medical record.