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BARDA Industry Day
2020-10-27    
12:00 am
Organized by BARDA BARDA Industry Day is the annual meeting held to increase potential partner’s awareness of U.S. Government medical countermeasure priorities, interact with BARDA [...]
The Future of Insurance USA
2020-11-16 - 2020-11-18    
All Day
We’re excited to announce today the launch of The Future of Insurance USA (November 16-18 2020), an online 3-day conference by Reuters Events. The Future [...]
Geneva Health Forum 2020
2020-11-16 - 2020-11-18    
12:00 am
Geneva Health Forum 2020 The 8th edition of the Geneva Health Forum will take place from 16-18 November 2020. The thematic of the year will [...]
19 Nov
2020-11-19 - 2020-11-20    
12:00 am
The stage is set for a paradigm shift in healthcare. The opportunity exists to redefine healthcare in a way that transforms patient outcomes, drives efficiency [...]
The 2nd Saudi International Pharma Expo
2020-11-23 - 2020-11-24    
All Day
ABOUT THE 2ND SAUDI INTERNATIONAL PHARMA EXPO SAUDI INTERNATIONAL PHARMA EXPO offers you an EXCELLENT opportunity to expand your business in Saudi Arabia and international [...]
World Congress on Medical Toxicology
2020-12-01 - 2020-12-02    
12:00 am
World Congress on Medical Toxicology Medical Toxicology Pharma 2020 provides a global platform to meet and develop interpersonal relationship with the world’s leading toxicologists, pharmacologists, [...]
01 Dec
2020-12-01 - 2020-12-02    
All Day
International Conference on Food Technology & Beverages” at Kyoto, Japan in the course of Kyoto, Japan, December, 01-02, 2020 Theme of the Food Tech 2020 [...]
Biomedical, Bio Pharma and Clinical Research
2020-12-03 - 2020-12-04    
12:00 am
Biomedical, Bio Pharma and Clinical Research Conference Series LLC LTD cordially invites you to be a part of “2nd International Conference on Biomedical, Bio Pharma [...]
Events on 2020-10-27
BARDA Industry Day
27 Oct 20
Events on 2020-11-16
Events on 2020-11-19
Events on 2020-11-23
The 2nd Saudi International Pharma Expo
23 Nov 20
King Abdullah
Events on 2020-12-03
Latest News

Aug 07 : CMS’ Medicare Payment Schedule Final Rule Affects Health IT

cms' medicare payment

On Monday, CMS released a final rule for the fiscal year 2015 Medicare payment schedule for general acute care and long-term care hospitals that aligns hospital reporting requirements with those of the meaningful use program, Clinical Innovation & Technology reports (Walsh, Clinical Innovation & Technology, 8/5).

Under the 2009 economic stimulus package, health care providers who demonstrate meaningful use of certified EHR systems can qualify for Medicare and Medicaid incentive payments.

The final rule will be published in the Federal Register on Aug. 22, and a majority of its provisions will take effect on Oct. 1.
Health IT-Related Details of Rule
Among other things, the final rule includes a market basket update of 2.9% for providers that in fiscal year 2013:

  • Submitted data related to quality of care measures; and
  • Demonstrated meaningful use of electronic health records (AHA News, 8/4).

According to the rule, the market-basket rate would decrease by one-quarter among hospitals that do not adequately submit quality data or participate in CMS’ EHR incentive program.

The agency increased the operating payments by 1.4% for acute care hospitals and by 1.1% for long-term care hospitals (Morgan/Kelly, Reuters, 8/4).

The final rule also includes several changes to Medicare codes for FY 2015, including new and updated codes.

For example, the final rule will create:

  • MS-DRG 266, which is related to endovascular cardiac valve replacement with MCC; and
  • MS-DRG 267, which is related to endovascular cardiac valve replacement without MCC.

In addition, the final rule CMS replaced MS-DRG 490 and 491 with the following new codes:

  • MS-DRG 518, which is related to back and neck procedures but excludes spinal fusion with MCC or disc device and neurostimulator;
  • MS-DRG 519, which is related to back and neck procedures but excludes spinal fusion with CC; and
  • MS-DRG 520, which is related to back and neck procedures but excludes spinal fusion without CC and MCC (Leppert, HealthLeaders Media, 8/6).

Overall, CMS said the rule will affect about 3,400 acute care hospitals and about 435 long-term care hospitals (Goad, The Hill, 8/4).

Source