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The Medicare Shared Savings Program (MSSP) will have 561 accountable care organizations (ACOs) participating in 2018, including 124 new entrants into the program, covering a total of 10.5 million assigned beneficiaries, according to CMS.

The American Hospital Association, America’s Essential Hospitals, the Association of American Medical Colleges and three health systems will appeal the dismissal of its lawsuit seeking to block $1.6 billion in cuts to Medicare payments made through the 340B drug discount program.

Later this year, providers wanting to take advantage of the 5 percent bonus for participating in an Advanced Alternative Payment Model (AAPM) can join the new Bundled Payments For Care Improvement-Advanced Model (BPCI-A) launched by CMS on Jan. 9.

The University of Pennsylvania Health System, also known as Penn Medicine, has finalized its acquisition of the Plainsboro, New Jersey-based Princeton HealthCare System (PHCS) extending its reach into the Garden State.

America’s Essential Hospitals has announced a new advocacy and advertising campaign seeking a delay in cuts to Medicaid Disproportionate Share Hospital (DSH) payments, which are set to be reduced by $2 billion in the current fiscal year.

 

Recent Headlines

More ACOs taking on downside risk in MSSP in 2018

The Medicare Shared Savings Program (MSSP) will have 561 accountable care organizations (ACOs) participating in 2018, including 124 new entrants into the program, covering a total of 10.5 million assigned beneficiaries, according to CMS.

Hospital groups to appeal dismissal of 340B lawsuit

The American Hospital Association, America’s Essential Hospitals, the Association of American Medical Colleges and three health systems will appeal the dismissal of its lawsuit seeking to block $1.6 billion in cuts to Medicare payments made through the 340B drug discount program.

New voluntary bundled payment model announced by CMS

Later this year, providers wanting to take advantage of the 5 percent bonus for participating in an Advanced Alternative Payment Model (AAPM) can join the new Bundled Payments For Care Improvement-Advanced Model (BPCI-A) launched by CMS on Jan. 9.

Penn Medicine completes acquisition of Princeton HealthCare

The University of Pennsylvania Health System, also known as Penn Medicine, has finalized its acquisition of the Plainsboro, New Jersey-based Princeton HealthCare System (PHCS) extending its reach into the Garden State.

More rural hospitals would close if Medicaid expansion scaled back

The expansion of Medicaid eligibility under the Affordable Care Act (ACA) made hospitals less likely to close, especially in rural markets, according to study published in the January edition of Health Affairs.

Safety-net hospitals push for 2-year delay in DSH cuts

America’s Essential Hospitals has announced a new advocacy and advertising campaign seeking a delay in cuts to Medicaid Disproportionate Share Hospital (DSH) payments, which are set to be reduced by $2 billion in the current fiscal year.

AMA: Physicians generate $2.3T in economic activity

In a report touting the contributions physicians make to the U.S. economy, the American Medical Association said physicians were supporting more jobs, tax revenues, wages and generating more economic activity in 2015 than they were three years earlier.

Tenet divestment continues by scaling back Texas joint venture

Tenet Healthcare has reached an agreement with Baylor Scott & White Health to restructure their two-year-old joint venture involving five North Texas hospitals.

Insurers’ financial outlook upgraded to ‘stable’

Analysts at A.M. Best have revised their outlook for the health insurance industry from negative to stable for 2018, saying the Affordable Care Act (ACA) exchange business that dragged down profits in 2014 and 2015 has improved thanks to rate increases and narrower provider networks.

Hackensack Meridian, JFK Health complete merger

Eight months after a signing a definitive agreement to merge, Edison, New Jersey-based systems Hackensack Meridian Health and JFK Health have finalized their combination into the largest health system in New Jersey.

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