Medicare Reimbursement Archives - Page 5 of 5

Medical Device Industry and Hospitalizations of Long-Stay Nursing Facility Residents Focus of First MedPAC Meeting of New Term

The Medicare Payment Advisory Commission’s (MedPAC’s) initial public meeting of the new term, which was held on September 8, may telegraph what the Commission may make recommendations to Congress on in the upcoming year. The meeting featured presentations and discussions on a wide range of issues, including a context for Medicare payment policy, an overview […]

MedPAC Approves Package of Part D Recommendations Designed to Shift More Risk to Plan Sponsors

At their meeting on April 7, 2016, MedPAC voted unanimously to approve a package of recommendations that could potentially save the Part D program $10 billion over 5 years. The recommendations would combine shifting more risk to Part D plan sponsors, especially for high-cost drugs, but would also grant plan sponsors more flexibility in implementing […]

CMS Cuts Reimbursement for Diabetic Test Strips by 20%

On March 15, 2016 CMS announced the payment rates for seven product categories in 90 Competitive Bidding Areas throughout the country. In addition, CMS also announced the payment rates for the National Mail Order Program for Diabetic Supplies. CMS will begin offering contracts to suppliers who submitted bids and CMS will announce the list of suppliers this […]

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Archive Category: Medicare Reimbursement

Medical Device Industry and Hospitalizations of Long-Stay Nursing Facility Residents Focus of First MedPAC Meeting of New Term

MedPAC Approves Package of Part D Recommendations Designed to Shift More Risk to Plan Sponsors

CMS Cuts Reimbursement for Diabetic Test Strips by 20%