CMS released billing requirements for new condition code 92, which identifies claims for Intensive Outpatient Program services and became effective on January 1.
Declining cash reserves, compounded by the rising number of denials and reimbursement delays, are leaving hospitals financially strapped, according to a recent report.
The American Hospital Association (AHA) recently wrote a letter in support of a bill that would prohibit health plans from imposing fees on standard electronic fund transfers (EFT). The No Fees for EFTs Act would help providers combat unnecessary automatic charges and allocate funds appropriately, according to the AHA.
CMS is taking steps to ensure hospitals are prepared to comply with the revised hospital price transparency requirements in the 2024 Outpatient Prospective Payment System final rule.
Hospitals need to start preparing for major changes to price transparency requirements, according to the 2024 Outpatient Prospective Payment System (OPPS) final rule, released November 2. The final rule details a slew of changes to price transparency compliance along with reimbursement changes and updates to numerous other programs.
