[co-author: Jarrod Brodsky ]
On April 27, 2021, the Centers for Medicare and Medicaid Services (“CMS”) released the Hospital Inpatient Prospective Payment System (“IPPS”) and Long-Term Care Hospital (“LTCH”) unpublished Proposed Rule for 2022 (“Proposed Rule”). The Proposed Rule, if enacted, would eliminate the requirement from the Hospital IPPS and LTCH Final Rule for 2021 (“IPPS Final Rule for 2021”), as discussed in our September 11, 2020 blog post, that hospitals report the median payer-specific negotiated charge with Medicare Advantage (“MA”) payers, by MS-DRG, on its Medicare cost reports for cost reporting periods ending on or after January 1, 2021. CMS estimates that this will reduce the administrative burden on hospitals by approximately 64,000 hours.
by RAbdelrahmanon February 15, 2021
By Sarah Freymann Fontenot, JD
The beginning of a new administration always brings apprehension and anticipation. How dramatically will the President change the trajectory of the country, if at all? Who will take leadership roles in the Executive Branch, and will Congress enhance or defeat the new President’s priorities?
As I wrote on Jan. 27, President Biden taking on the COVID-19 pandemic is Job #1, protecting and strengthening the Affordable Care Act is a close second priority. The public’s attention will center on those two directives in 2021 what issues off the media grid will be of equal importance to healthcare executives?
11:00 AM
It s understandable if many hospital IT leaders view compliance with a pair of new rules from the Centers for Medicare and Medicaid Services and the Office of the National Coordinator for Health IT as chores that must be managed to stay on the right side of the law.
But the CMS Hospital Price Transparency Rule, which took effect on New Year s Day, and ONC s Cures Act rules around information blocking and patient access (which start to take effect in April) offer new growth opportunities for health systems that approach them in the spirit they were drafted, a new report from Deloitte shows.
Price transparency rule proves more complicated than originally thought
Unmute
(WSIL) -Federal law now mandates the hospital price transparency rule so consumers can compare and shop healthcare services.
The rule says that hospitals must make a public list of standard charges, and have a list of 300 shoppable services in a publicly available consumer friendly format.
But for the hospitals and their patients, it isn t as simple as it sounds.
When the Affordable Care Act was first introduced, hospitals were required to post their charge master, which is a hospital s list of fees for different services.
The Price Transparency Rule is considered the next step.