Events Calendar

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Natural, Traditional & Alternative Medicine
2021-06-07 - 2021-06-08    
All Day
Natural, Traditional and Alternative Medicine mainly focuses on the latest and exciting innovations in every area of Natural Medicine & Natural Products, Complementary and Alternative [...]
Advances In Natural Medicines, Nutraceuticals & Neurocognition
2021-06-11 - 2021-06-12    
All Day
The two-days meeting goes to be an occurrence to appear forward to for its enlightening symposiums & workshops from established consultants of the sphere, exceptional [...]
Automation and Artificial Intelligence
2021-06-15 - 2021-06-16    
All Day
Conference Series invites all the experts and researchers from the Automation and Artificial Intelligence sector all over the world to attend “2nd International Conference on [...]
Green Chemistry and Technology 2021
2021-06-23 - 2021-06-24    
All Day
Green Chemistry and Technology is a global overview with the Theme:: “Sustainable Chemistry and its key role in waste management and essential public service to [...]
Food Science & Nutrition
2021-06-25 - 2021-06-26    
All Day
Food Science is a multi-disciplinary field involving chemistry, biochemistry, nutrition, microbiology, and engineering to give one the scientific knowledge to solve real problems associated with [...]
Food Safety and Health
2021-06-28 - 2021-06-29    
All Day
The main objective is to bring all the leading academic scientists, researchers and research scholars together to exchange and share their experiences and research results [...]
Food Microbiology
2021-06-28 - 2021-06-29    
All Day
This conference provide a platform to share the new ideas and advancing technologies in the field of Food Microbiology and Food Technology. The objective of [...]
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Events on 2021-06-23
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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