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A final rule announced by the Centers for Medicare & Medicaid Services Thursday revised the appeals process for Medicare Advantage beneficiaries who have been denied coverage. The new rule should be a significant help for both beneficiaries and long-term care providers, sector leaders said Friday.
The federal government has taken another step to support long-term care providers struggling with delayed payments following the recent cyberattack on vital billing clearinghouse Change Healthcare.
A cyberattack that has shut down the nation’s largest healthcare billing clearinghouse and impacted dozens of related services for 10 days is delaying payments, threatening major cash flow issues for post-acute providers and limiting access to some patients’ medications, experts are warning.
Facing the mounting financial challenges of providing skilled care on their campuses, continuing care retirement communities should carefully weigh a variety of tactics and the particularities of local markets, a panel of experts advised Thursday.
Despite early fears, long-term care leaders have reasons to be optimistic that changes to Medicare Advantage rules for 2024 will be enforced