Doctors who spent heavily trying to comply with ObamaCare’s electronic health records mandate could still be hit with costly penalties.
ObamaCare gives doctors until October 1, 2014, to switch from paper-based to electronic health records. Failure to comply results in losing 1 percent of federal reimbursements for treating Medicare patients.
Here’s the rub.
“[P]hysicians who went electronic for the first time this year are discovering that [the Centers for Medicare and Medicaid Services, or CMS] won’t be ready to officially register the evidence of their work until mid-October. That means they will miss the Oct. 1 deadline, and CMS will withhold 1 percent of their 2015 Medicare payments,” reports Politico.
That means that a doctors’ group like Morganton Eye Physicians…[more]
In a surprise move, the Obama administration has reversed course on an ObamaCare-mandated cut to Medicare Advantage, replacing the long-feared cut with a slight increase in funding. Though motivated by political calculations, the episode confirms that the fundamentals for reforming health care support the policy changes sought by Paul Ryan.
Monday, April 7, was seen as a kind of D-Day for health insurance companies operating Medicare Advantage (MA) plans. Months ago, the Centers for Medicare and Medicaid Services (CMS) announced a 1.9 percent cut in MA’s 2015 reimbursement rates by the federal…
"The United States, joined by five Arab allies, launched an intense campaign of airstrikes, bombings and cruise-missile attacks against the Islamic State and another militant group in Syria Monday night – marking the first U.S. military intervention in Syria since the start of that country’s civil war in 2011. U.S. Central Command (Centcom) said in a statement released early Tuesday…[more]