News

Machine learning algorithm improved risk adjustment models, study finds

May 3, 2024 - A Diagnostic Cost Group (DCG) machine learning algorithm succeeded in generating risk adjustment models and predicted healthcare spending better than the current HHS hierarchical condition category (HCC) model, a study found. Medicare Advantage, Affordable Care Act (ACA) marketplaces, Medicare Part D benefit programs, and state Medicaid managed...


Articles

Market consolidation worse among payers than health systems

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There has been a large focus on how market consolidation among hospitals and health systems, including physician practice acquisitions, affects competition, pricing, and access to care. However, new...

Breaking down the new CMS proposed bundled payment model: TEAM

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CMS has proposed a new mandatory bundled payment model to test if episode-based payments for select surgical procedures would lower Medicare spending and improve care quality. The Transforming Episode...

Study: Lax antitrust enforcement boosting hospital prices

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A recent study in the journal American Economic Review: Insights found that lax antitrust enforcement contributed to less competition and higher prices for hospital care. The study, conducted by...

CMS sets minimum staffing standards for nursing homes

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A new final rule from CMS establishes minimum staffing standards for nursing homes at a national level for the first time in history. The rule states that nursing homes participating in Medicare and...

Portal allows public reporting of anti-competitive behaviors

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A new online portal allows the public to report any anti-competitive behaviors they see in the healthcare sector that may be impacting quality of care and affordability. The Federal Trade Commission...

HHS finalizes 340B Administrative Dispute Resolution process

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A new rule from HHS finalizes a revised Administrative Dispute Resolution (ADR) process under the 340B Drug Pricing Program (340B), which will allow covered entities to address disputes with...

Half of private equity-owned physician practices are resold within 3 years

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More than half of private equity-acquired physician practices underwent an exit within three years of acquisition, with most practices being resold to other private equity firms, according to a study...

About 1 in 5 healthcare bankruptcies in 2023 owned by PE firms

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A new report reveals a record year for healthcare bankruptcies as more private equity-owned companies filed for bankruptcy in 2023. There were approximately 80 healthcare bankruptcies last year,...

Hospital merger and acquisition activity generated $12B in Q1 2024

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Hospital merger and acquisition activity in quarter one of 2024 hit a first-quarter high since 2020, with 20 announced transactions generating $12 billion, a Kaufman Hall report found. The number of...

Nearly 4 of 5 physicians employed by hospitals, corporations

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Widespread consolidation in healthcare is affecting physicians, according to a new report from the Physicians Advocacy Institute (PAI) and Avalere Health. The report analyzed updated data from IQVIA...

AMA, NAACOS, AHIP share how to succeed in value-based care arrangements

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The American Medical Association (AMA), the National Association of Accountable Care Organizations (NAACOS), and AHIP have released a playbook on value-based care best practices, highlighting the...

OIG: Improve Medicare rate-setting for clinical diagnostic lab tests

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CMS’ procedures for setting Medicare rates for clinical diagnostic lab tests could improve for future public health emergencies, according to a new report from the Office of the Inspector General...

CMS proposes payment increases for IPPS hospitals and LTCHs

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CMS has proposed a 2.6 percent payment rate increase for acute care hospitals paid under the inpatient prospective payment system (IPPS) in FY 2025. The payment update reflects a hospital market...

AMGA urges Congress to extend value-based care incentives, prevent pay cuts

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The American Medical Group Association (AMGA) has urged congressional leaders to ensure provider stability by incentivizing value-based care, preventing additional Medicare payment cuts, and preserving...

Healthcare orgs reflect on top vendors for denials management services

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When working with vendors for denials management services, healthcare organizations are satisfied with their levels of expertise, overturn rates, and denial prevention, according to a KLAS report. The...

Strategies for integrating specialty care into value-based care models

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Value-based care models must address both primary and specialty care to improve patient outcomes and reduce spending. A CMS Innovation Center strategy details ongoing efforts to integrate specialty...