Price transparency: the next chapter
HFMA President and CEO Joe Fifer discusses the latest developments in the societal movement toward full price transparency in healthcare.
June 10-14: See what events are coming in healthcare
Highlights include an HFMA webinar on improving collections and reducing bad debt, conference calls by the Centers for Medicare & Medicaid Services and a Senate hearing on vertical consolidation in the healthcare industry.
Although relaxed regulations under Stark Law and anti-kickback statutes encourage better care coordination for patients, there’s also higher risks of noncompliance
The new Stark law and Anti-Kickback Statute changes provide exciting new opportunities to providers to better coordinate care. But with these new opportunities come new areas of compliance that will need to be addressed.
HHS postpones deadline for hospitals to comply with Provider Relief Fund reporting requirements
With new legislation having modified the rules governing the reporting of Provider Relief Fund payments, HHS has indefinitely postponed the Feb. 15 reporting deadline.
Healthcare News of Note: Noncompliance with new price transparency rules appears to be common
CMS's auditing of price transparency commpliance and Tennessee's Medicaid block grant program waiver getting approved are two topics in Healthcare News of Note. Also, HFMA revamps its “Voices in Healthcare Finance” podcast.
New legislation seeks to take unwelcome surprises out of patient billing
A new law called The No Surprises Act is designed to prevent healthcare consumers from getting stuck with potentially large bills after receiving out-of-network care.
Appeals court rejects hospitals’ objections to new price transparency policy
An appeals court panel rejected hospitals’ effort to halt the Jan. 1 requirement for hospitals to begin posting the rates they negotiate with health plans.
Hospitals seek reversals of Trump policies, among various requests of Biden
Hospitals are urging a range of policy changes, including halting the new price transparency rules, by the incoming Biden administration.
Election Special: As the votes are tallied, we look at what the possible outcomes mean for healthcare
As the world waits for the results of the presidential election and other key races, Rich Daly and Chad Mulvany discuss what could happen in the coming months. Also in this episode, Joe Fifer interviews 4sight Health CEO Dave Johnson about what's next for hospitals after COVID-19. This episode is sponsored by TRIMEDX.
CMS warns a common hospital price transparency approach is noncompliant with new requirements
Many hospitals are using a rate-averaging approach to meet transparency requirements, which CMS recently deemed noncompliant.