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4 biggest payer moves this month
Payers are incentivizing physicians to perform procedures in low-cost settings, which means ASCs are becoming increasingly attractive. At the same time, physicians are balking at some payer moves in the last 30 days. -
Payers are pushing physicians to ASCs
Payers are incentivizing physicians to perform procedures in low-cost settings, which means ASCs are becoming increasingly attractive, according to ASC leaders. -
Elevance in the headlines: 7 updates in 30 days
Elevance Health, the insurer formerly known as Anthem, is one of the biggest payers by members with 39.9 million members. -
How CMS' physician conversion factor changed over the last 10 years
Physicians face another year of fee cuts in 2023 as Medicare proposes to reduce the conversion factor by 4.42 percent to $33.08. -
10 procedures CMS proposes moving off the inpatient-only list in 2023
Medicare is recommending removing 10 procedures from the inpatient-only list in 2023, according to its Hospital Outpatient Prospective Payment System and Ambulatory Surgical Center Payment System proposed rule, released July 15. -
Payers updating policies for ASC procedures
Four payers have updated their policy for ASC procedures since May 24: -
Cigna reconsiders latest reimbursement policy
Health insurance company Cigna is delaying the implementation of its modifier 25 policy. -
Top 5 ASC medical billing companies for 2023
Peninsula Daily News on July 11 released its picks for the top ASC medical billing companies for 2023. -
Whistleblower suit against UPMC, physician group will proceed, judge rules
A federal judge rejected the University of Pittsburgh Medical Center's bid to dismiss a whistleblower lawsuit against UPMC, its physicians group and its chair of cardiothoracic surgery, NBC affiliate WPXI reported July 7. -
CMS seeks 4.42% physician fee cut in 2023
CMS has released its Medicare physician fee schedule proposed rule for 2023, which suggests further cuts to physician pay while inflation and the cost of running an independent practice continue to rise. -
Centene in the headlines: 8 recent updates
Here are five recent updates on one of the country's largest insurers: -
Same surgery cost nearly 20 times more in HOPD than ASC in California
A retired orthopedic surgeon in Fresno, Calif., was charged nearly $4,000 more for a cataract surgery at a hospital outpatient department than his wife who received the same procedure at an ASC, Kaiser Health News reported June 27. -
5 largest health insurance companies by revenue
UnitedHealthcare is the largest insurer by revenue, according to a June 2022 Value Penguin report. -
15 Texas physicians to pay $2.8M to settle kickback allegations
Fifteen Texas physicians will pay a total of $2.83 million to resolve False Claim Act allegations involving kickbacks, the Justice Department said June 28. -
ASCs face reimbursement hurdles amid single-payer healthcare push
ASCs have long faced challenges in securing reimbursements, but successful ASCs are focused on payer contracting strategy. -
Outpatient surgeries jump 14% in Kansas: 4 things to know
ASCs in the Wichita, Kan., area are returning to pre-pandemic case numbers, Wichita Business Journal reported June 17. -
Aetna in the headlines: 6 updates in 30 days
Aetna, a CVS Health company, insurers about 39 million people. -
Anthem in the headlines: 6 updates from last 60 days
Anthem is one of the country's largest health insurers. -
Physician found guilty in $12M Tricare fraud scheme
Arkansas physician Joe May, MD, was convicted on 22 counts over his involvement in a scheme to defraud Tricare of $12 million, the Justice Department said June 10. -
Optum, Anthem invest in value-based care: What ASCs need to know
Optum Ventures, CVS Ventures, Anthem and HLM Venture Partners announced they are investing in CareBridge, a value-based care company for patients receiving home and community-based services.
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