by Keith Kuhn | Jun 28, 2013 | Payor
Blue Cross Blue Shield of North Carolina reported Thursday that it had exceeded health care spending benchmarks by spending 87 percent of premium revenues on paying for care for its customers. Under the Affordable Care Act, insurance carriers must spend at least 80...
by Keith Kuhn | Jun 28, 2013 | Government, Regulations
After receiving a letter from 227 lawmakers calling for CMS Administrator Marilyn Tavenner to delay implementation of Round Two of competitive bidding due to various problems found with winning bidders, CMS will not implement an administrative delay of Round Two of...
by Keith Kuhn | Jun 28, 2013 | Government, Regulations
Long-term care providers will need to draw up a strictly formatted contract with their hospice care partners, according to a final rule released Thursday by the Centers for Medicare & Medicaid Services. The regulation clarifies the details of each contract and is...
by Keith Kuhn | Jun 27, 2013 | Government, Reimbursement
In a Senate Finance Committee hearing this past Tuesday, Chairman Max Baucus (D-Mont.) called on Congress and the administration to strengthen a key Medicare program that saves taxpayers millions of dollars each year by rooting out improper payments to health care...
by Keith Kuhn | Jun 27, 2013 | Industry, Payor
Health insurer Highmark Inc. and its affiliated hospital network will invest $11 million to further develop a laboratory meant to improve health care through science and engineering in conjunction with Carnegie Mellon University. The Disruptive Health Technology...