When CMS announced its intent to reduce payments for high-throughput COVID-19 tests next year while offering providers a path to be made whole if they met new turnaround time targets, several questions arose concerning how the agency intended to monitor its new...
As part of a new interim rule issued to clarify COVID-19 data reporting requirements, CMS also outlined the monetary penalties entities that fail to do so may face. As part of the Interim Final Rule published Aug. 24, CMS stated that any healthcare facility (including...
As CMS and the AMA continue to develop new codes for performing and billing COVID-19 testing, we will work to update you with the latest information to ensure you’re being reimbursed properly during the ongoing public health emergency. Here’s a quick rundown of...
As part of $30 billion in relief funding approved under the CARES ACT, Medicare providers and facilities began receiving a direct deposit stimulus payments from the Department of Health and Human Services on Friday. The amount will be roughly one month of Medicare...
Instances of health care fraud account for billions of dollars of lost revenue a year throughout the industry. Without the correct safeguards installed to help identify and end fraudulent practices, health care providers could face investigations and penalties that...