Claims Reimbursement

CMS Provides Billing Codes for Regeneron’s COVID-19 Antibody Drug

by Jacqueline LaPointe

CMS has released Medicare billing codes for a new COVID-19 antibody drug recently approved by the FDA. Healthcare providers are now able to use the Healthcare Common Procedural Coding System (HCPCS)...

Hospitals Criticize Major Policy Moves in 2021 OPPS Final Rule

by Jacqueline LaPointe

Healthcare policies designed to boost competition between hospital outpatient departments and physician offices could actually end up harming hospitals during one of the worst financial crises to hit...

New ICD-10 Codes, MS-DRG Assignments for COVID-19 Coming Jan. 1

by Jacqueline LaPointe

Come January 1, 2021, CMS will implement 21 new ICD-10 procedure codes for COVID-19 vaccines and therapeutics for the novel coronavirus, including baricitinib and monoclonal antibody treatments. The...

Medicare FFS Improper Payments Down by $15B Since 2016

by Jacqueline LaPointe

Aggressive corrective actions aimed at reducing Medicare fee-for-service (FFS) improper payments have resulted in less healthcare fraud, waste, and abuse, as well as $15 billion in savings, according...

CMS Details Medicare Payment for New COVID-19 Antibody Drug

by Jacqueline LaPointe

Just a day after the FDA approved the emergency use of a new COVID-19 antibody drug, CMS updated Medicare payment and billing policies to ensure providers have access to the new treatment for...

Most Physicians Prefer Single-Payer Option Over Medicare For All

by Jacqueline LaPointe

Providing affordable health insurance coverage is a top goal for physicians and most believe healthcare can achieve that through a single-payer option, a new survey reveals. The final installment of...

CMS Finalizes 1.9% Boost for Medicare Home Health Reimbursement

by Jacqueline LaPointe

CMS has finalized a 1.9 percent, or $390 million, increase in Medicare home health reimbursement in 2021. The boost in reimbursement is significantly less than the 2.6 percent increase proposed by CMS...

CMS Expands Medicare Reimbursement for Home Dialysis, ESRD

by Jacqueline LaPointe

New and innovative home dialysis machines will soon qualify for additional Medicare reimbursement, according to the latest End-Stage Renal Disease (ESRD) Prospective Payment System (PPS) final...

CMS Sets Medicare Reimbursement Rate for COVID-19 Vaccine

by Jacqueline LaPointe

A new interim final rule with comment period ensures Medicare reimbursement for the administration of a COVID-19 vaccine and provider use of innovative treatments for the novel coronavirus. The rule...

CMS Wants to Streamline DMEPOS Reimbursement, Boost Rural Pay

by Jacqueline LaPointe

A new proposed rule from CMS is seeking to streamline how the agency determines if durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) qualify for Medicare reimbursement and...

Court Denies Requests to Revisit 340B, Site-Neutral Payment Cases

by Jacqueline LaPointe

According to the American Hospital Association (AHA), an appeals court has declined to reconsider two decisions from the summer, which upheld Medicare reimbursement cuts for 340B drugs and for...

Hospitals to See 10% Fewer Total Admissions Than Projected in 2020

by Jacqueline LaPointe

Hospitals could see admissions fall 10 percent below projections for 2020 even though stays and other types of services have rebounded compared to earlier this year, a new report from Kaiser Family...

CMS Reduces Medicare Reimbursement Rate for Some COVID-19 Tests

by Jacqueline LaPointe

CMS will reduce the base Medicare reimbursement rate for COVID-19 tests done by laboratories using high throughput technology, according to a new announcement. The announcement made late last week...

CMS Provides Medicare Reimbursement for More Telehealth During PHE

by Jacqueline LaPointe

CMS recently added 11 new services to the Medicare telehealth services list, qualifying the services for Medicare reimbursement through the COVID-19 public health emergency (PHE). The new telehealth...

Limited Reimbursement Paid Out for Uninsured COVID-19 Treatment

by Jacqueline LaPointe

A program designed to offset the costs of uninsured COVID-19 patients during the public health emergency has paid out limited reimbursement to providers, according to a recent report from the Kaiser...

3 Ways to Improve Medical Coding Quality for Accurate Reimbursement

by Jacqueline LaPointe

While some have said medical coding sits quietly in the middle of the healthcare revenue cycle, it is a key step that, when done inadequately, can impact each part of the revenue cycle after it....

AMA Adds CPT Codes for Multi-Virus Tests for COVID-19, Flu

by Jacqueline LaPointe

In response to the COVID-19 pandemic, the American Medical Association (AMA) is adding two new codes to the Current Procedural Terminology (CPT) code set. The codes are for multi-virus tests that...

What Contributes to High US Healthcare Spending?

by Jacqueline LaPointe

Prescription drug prices are contributing to high US healthcare spending, but are not the top driver of costs, according to a recent analysis from the Peterson-KFF Health System Tracker. The analysis...

Lawmakers Provide Accelerated, Advance Medicare Payment Relief

by Jacqueline LaPointe

A continuing resolution signed by President Trump early Thursday morning included key healthcare provisions, including an extension for providers who had their Medicare payments advanced during the...

Chronic Care Management Code Use Increases, But Uptake Still Lagging

by Jacqueline LaPointe

Providers are increasingly using chronic care management (CCM) codes to address care fragmentation issues for patients with multiple chronic conditions. However, utilization patterns among...