A new federal policy took effect on Jan. 1 that requires hospitals to post standard prices online. However, the rule, which intends to boost transparency, may be causing more confusion than clarity for patients, according to reports.
Health insurers have been inflating cost estimates for providing prescription-drug benefits to more than 40 million Medicare beneficiaries, allowing them to cash in $9.1 billion in extra payments from 2006 to 2015, according to a report from The Wall Street Journal.
CMS has finalized changes to the Medicare Shared Savings Program (MSSP) that “dramatically redesigns and sets a new direction” for Medicare accountable care organizations (ACOs). The final rule, as outlined in the proposed rule announced in August, will force ACOs to take on more risk at a quicker pace.
The shift to value-based care made significant headway in 2017, according to a new survey from the Health Care Transformation Task Force that found nearly half of their business was in value-based payment arrangements by the end of the year.
HHS has a new strategy to ease the use of health information technology, including electronic health records. The agency’s draft strategy takes aim at some major complaints clinicians have about using EHRs, including documentation hours taking away from time spent with patients.