Skilled nursing facilities and home health agencies are among 232 healthcare providers that have entered into agreements to take part in the Bundled Payments for Care Improvement initiative, the Centers for Medicare & Medicaid Services announced Thursday.
Increased coordination among acute and post-acute providers has reduced rehospitalization rates, signaling that healthcare reform is working, a senior Medicare official told the Senate Finance Committee on Feb. 28.
Despite a somewhat rocky start, Medicare beneficiaries have been supportive of accountable care organizations, a government official said.
Medicare Advantage plans with fewer than five stars on the quality scale should expect some form of audit, a Centers for Medicare & Medicaid official said this week.
Physicians largely lead the first group of Medicare Shared Savings accountable care organizations, but long-term care facilities will be an integral part of their future success, a Centers for Medicare & Medicaid Services official said Tuesday.
Provider groups slammed the Centers for Medicare & Medicaid Services on Friday after the agency issued a final rule that would reduce Medicare payments to skilled nursing facilities by $3.87 billion for fiscal year 2012.
Further legislation is needed to empower the federal government to negotiate lower prescription drug prices in Medicare, a bipartisan panel concluded Thursday.
The Centers for Medicare & Medicaid Services on Tuesday announced three new ideas to drive interest among healthcare providers for forming an accountable care organization. Agency officials were responding, in part, to a wave of criticism over the potential costs of an ACO start-up.