Released Friday, the proposed rule is designed to comply with an act of Congress passed in February. Changes include regular audit requirements for Medicare Advantage coverage networks and enhanced reporting for pharmacy benefit managers.
The scam resulted in Medicare paying out more than $3 million for back and knee braces that doctors never prescribed and patients did not need, the U.S. Department of Justice said.
Cardiac surgeon compensation is up 11%, according to new survey data from MedAxiom and the American College of Cardiology. Vascular surgeons experienced an increase in pay as well, but it was much smaller.
Brett Blackman, 43, of Kansas was convicted by a jury in April of healthcare fraud, stemming from an extensive conspiracy to issue bogus prescriptions for unnecessary medical devices.
Once the deal closes, BioReference and its FDA-approved 4Kscore Test—currently owned by Opko Health—will become part of Labcorp, allowing it to expand its blood testing capabilities.
Cardiologists appear to be thriving in the face of adversity. Even as the specialty juggles an aging population, a workforce shortage and unfavorable reimbursement policies, compensation and productivity continue to climb.
The Centers for Medicare & Medicaid Services said the cancelled payments are linked to people enrolled twice in the system, as well as those found to be deceased. Determinations are subject to a 30-day appeal of any errors made during the purge.
