The Centers for Medicare & Medicaid Services (CMS) administers the Merit-based Incentive Payment System (MIPS), under which MIPS-eligible providers receive a “final score” based on their performance on four measures (quality, cost, promoting interoperability and improvement activities). Their score is compared to a performance threshold, following which, providers receive a negative, neutral, or positive payment adjustment applied to future Medicare payments.
CMS Releases Surprise Billing Interim Final Rule Part II Regulations
On September 30, 2021, the Department of Health and Human Services (HHS), the Department of Labor, and the Department of the Treasury (collectively, the Departments), along with the Office of Personnel Management (OPM), released an interim final rule with comment period, entitled “Requirements Related to Surprise Billing; Part II.”
CMS Releases 2022 Medicare Advantage and Prescription Drug Plans Information
The Centers for Medicare & Medicaid Services (CMS) released the 2022 premiums, deductibles and other key information for Medicare Advantage and Part D prescription drug plans in advance of the annual Medicare Open Enrollment to help Medicare enrollees decide on coverage that fits their needs.
CMS Will Pay For Beneficiaries’ COVID-19 Booster Shots
Following the Food and Drug Administration’s (FDA) recent action that authorized a booster shot of the Pfizer COVID-19 vaccine for certain high-risk populations and a recommendation from the Centers for Disease Control and Prevention (CDC), the Centers for Medicare & Medicaid Services (CMS) will continue to provide coverage for this critical protection from the virus, including booster doses, without cost sharing.
4 Tips for Physician Billing Services as COVID Evolves
While COVID-19 “changed everything”, the change hasn’t stopped. Physicians will find that, even as things are settling down, they will need to adapt — adjusting how they approach their billing to stay flexible and on top of shifts that impact their groups and practices.
