Accounting & Financial Management
The rule includes a payment dispute resolution process for uninsured or self-pay individuals, and outlines requirements for cost estimates.
OIG suspected MA companies have financial incentives to make beneficiaries appear as sick as possible.
The report received harsh criticism from advocacy group 340B Health, which called the methodology highly flawed.
Applications for the relief distributions open up on September 29.
Patient volume increases and cost reduction measures led to significant revenue increases, which were hampered in 2020 by COVID-19.
More patients is resulting in a self-induced postponement of non-emergent surgical cases, resulting in lower hospital revenues.
This is just the latest report to suggest many nonprofits skimp on their community contribution requirements.
The impact of Blue Premier appeared to grow last year as providers made gains in quality and cost measures.
ACOs also hit an average quality score of 97.8%, and 60 ACOs earned a perfect score of 100.
The findings have implications for the healthcare industry, suggesting that another wide-scale pandemic could strain hospital staffs and resources.