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Month: June 2018

340B Cuts Could Hurt Small, Rural and DSH Healthcare Providers

340B Cuts Could Hurt Small, Rural and DSH Healthcare Providers

June 6, 2018 The $1.6 billion reduction in the federal 340B Drug Discount Program that went into effect in 2018 could negatively impact the operating performance of many participating non-profit hospitals, credit research firm S&P Global Ratings has reported.  The Centers for Medicare & Medicaid Services (CMS) has reduced 340B payments by about 30 percent for most medication for 2018.  According to a 2015 report by the Medicare Payment Advisory Commission, about half of United States hospitals are now 340B participants. The…

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CMS Explores Direct Provider Contracting, Starting With Primary Care

CMS Explores Direct Provider Contracting, Starting With Primary Care

May 30, 2018 The Centers for Medicare and Medicaid Services (CMS) is testing the waters on a new alternative payment model (APM) through which the agency would pay participating primary care practices a monthly per-beneficiary fee for certain services, such as office visits and some office-based procedures. As with other APMs, the proposed direct provider contracting (DPC) model would offer participating clinicians performance-based incentives related to quality and cost. Features of the model would include the ability for participants to take on…

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