Baystate Health specialist part of team working to identify inequities, assist most vulnerable
Updated May 10, 2021;
SPRINGFIELD Dr. Paul Pirraglia, a Baystate Health internal medicine and public health specialist, has been part of a group meeting remotely since last March to identify those whose economic and social resources made them particularly vulnerable to COVID-19
The group includes other Baystate representatives, as well as members from the Public Health Institute of Western Massachusetts and Caring Health Center, and plans to continue its work even as COVID-19 cases have dropped regionally and across the state along with hospitalizations and deaths from complications of the respiratory disease.
LHC Group announces first quarter 2021 financial results
Raises full year 2021 guidance
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LAFAYETTE, La., May 5, 2021 /PRNewswire/ LHC Group, Inc. (NASDAQ: LHCG) announced its financial results for the quarter ended March 31, 2021. Unless otherwise noted, all results are compared with the first quarter ended March 31, 2020.
First Quarter 2021 Financial Results
Net service revenue increased 2.3% to $524.8 million.
Net income attributable to LHC Group s common stockholders increased 57.4% to $34.7 million. Earnings per diluted share attributable to LHC Group s common stockholders increased 57.1% to $1.10.
Adjusted net income attributable to LHC Group s common stockholders increased 86.7% to $43.6 million, or $1.39 adjusted earnings per diluted share. Adjusted results for the first quarter of 2021 exclude a pre-tax amount of $12.0 million in COVID-19 related costs and expenses for purchases of personal protective equipm
Highlights
The Centers for Medicare & Medicaid Services (CMS) on April 27, 2021, released the Fiscal Year (FY) 2022 Medicare Hospital Inpatient Prospective Payment System (IPPS) and Long Term Care Hospital (LTCH) Prospective Payment System (PPS) Proposed Rule, which will affect discharges occurring on or after Oct. 1, 2021.
The Proposed Rule would update the payment policies and annual payment rates for the inpatient payment system, update various quality programs and evaluate New Technology Add-On Payment (NTAP) applications, among other changes.
Comments on the Proposed Rule are due by June 28, 2021, and a final rule is expected by Aug. 1, 2021.
The Centers for Medicare & Medicaid Services (CMS) on April 27, 2021, released the Fiscal Year (FY) 2022 Medicare Hospital Inpatient Prospective Payment System (IPPS) and Long Term Care Hospital (LTCH) Prospective Payment System (PPS) Proposed Rule, which will affect discharges occurring on or after Oct. 1, 2021. A CMS fact sheet is ava
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A little more than 10 years ago, the passage of the Affordable Care Act (ACA) set the nation s badly broken healthcare system on a new path. In its bold shift away from the traditional fee-for-service (high volume-focused) payment model, the ACA set the stage for new value-based payment (VBP) models designed to reduce the rate of inappropriate services and sub-optimal care while improving population health outcomes.
Despite delays and setbacks (e.g., congressional efforts to weaken or dismantle the ACA), several VBP initiatives have shown some promise in terms of reduced spending and quality improvement, and participation in VBP short-term models has increased. Nevertheless, the twin issues of cost escalation and suboptimal quality of care persist. And, as the Medicare trust fund plummets, racial and socioeconomic health disparities are amplified.
Trella Health Releases New Capabilities for Mosaic Product, Providing ACOs and DCEs Valuable Insights into Network Data and Metrics
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In collaboration with their customer advisory board, Trella Health identified and implemented top-priority functionality to enable their Mosaic solution to assist ACO and DCE customers to succeed in building out valuable partner networks
“The data we receive from Trella has been monumental with not just targeting physicians, but also the internal dialogue of our organization and to make informed decisions. It s a game-changer for us, Gary Thompson, Chief Operating Officer at Vytalize Health and Trella Health customer. ATLANTA (PRWEB)